Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Suppose you are told that electronic cigarettes cause health problems such as depression and problems with arteries

Suppose you are told that electronic cigarettes cause health problems such as depression and problems with arteries

Marketing

Suppose you are told that electronic cigarettes cause health problems such as depression and problems with arteries. You also are told that electronic cigarettes do not produce second-hand smoke, meaning that e-smoking (called "vaping") by one person does not harm a person standing nearby. How might economists respond?

a) A standard welfare economist would say that e-smoking imposes an externality if health insurance is pooled and premiums are shared.

b) A standard welfare economist would say that e-smoking does not increase social costs unless having health insurance makes people more likely to use electronic cigarettes.

c) A behavioral economist would ask if people who use e-cigarettes become addicted.

d) All of the above.

Option 1

Low Cost Option
Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE