Laws that restrict the smoking of cigarettes in public places are examples of government intervention that is intended to reduce
A)the influence of the invisible hand.
B)trade.
C)externalities.
D)market power.

Question

Quizplus · Accepted Answer

Laws that restrict smoking in public places are intended to reduce negative externalities, such as secondhand smoke that can harm non-smokers. The government is intervening to protect public health and reduce the costs that society bears from smoking-related illnesses.

Laws That Restrict the Smoking of Cigarettes in Public Places