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According Levitt and Dubner, Every day, billions of people around the world engage in behaviors they know are bad for them-smoking cigarettes, gambling, riding a
According Levitt and Dubner, "Every day, billions of people around the world engage in behaviors they know are bad for them-smoking cigarettes, gambling, riding a motorcycle without a helmet. Why? Because they want to! They derive pleasure from it, or a thrill, or just a break from the daily humdrum." Which of the following is the correct economic interpretation of this statement as it applies to a randomly selected individual from this population? Group of answer choices The total benefits from the individual's risky behavior are maximized. The total social costs of the individual's risky behavior are minimized. The marginal social benefits of the individual's risky behavior equal the marginal social costs incurred. The marginal private benefits of the individual's risky behavior are greater than or equal to the perceived marginal private costs incurred
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