Medical research has shown the negative health effects of secondhand smoke. Recent social trends point to growing

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Medical research has shown the negative health effects of “secondhand” smoke. Recent social trends point to growing intolerance of smoking in public areas. If you are a smoker and you wish to continue smoking despite tougher anti smoking laws, describe the effect of the following legislative proposals on your behavior. As a result of these programs, do you, the individual smoker, benefit? Does society benefit as a whole?
a. A bill is proposed that would lower tar and nicotine levels in all cigarettes.
b. A tax is levied on each pack of cigarettes.
c. A tax is levied on each pack of cigarettes sold.
d. Smokers would be required to carry government-issued smoking permits at all times.
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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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