1.If the United States were to eliminate the drinking age, what might you predict the outcome to be in terms of externalities?

2.Oneunsettlingconsequenceofsettingataxontobaccosufficientlyhightoreduceconsumption would be that it would

a. likely reduce Medicare costs.

b. likely increase tobacco revenues to farmers.

c. likely increase tobacco company profits.

d. make Social Security's financial outlook worse.

the reduction in tax will increase people who get social security

3.If policy makers were to attempt to set a tax equal to the external costs of alcohol, one would have to evaluate

a. the cost of production.

b. the price paid by consumers.

c. the value of innocent lives lost to drunk driving.

d. the value of the shortened lives of alcoholics

please explain