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Consider the issue of cigarette smoking. Please provide brief answers [five to ten lines each] to each of the following questions. 1. Justify the possibility
Consider the issue of cigarette smoking. Please provide brief answers [five to ten lines each] to each of the following questions.
1. Justify the possibility of public intervention with a merit good argument. Is there, in this context, any basis for outlawing cigarette smoking?
2. Justify the possibility of public intervention with an externality argument. Is there, in this context, any basis for outlawing cigarette smoking?
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