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Question 12 (1 point) Most governments tax cigarettes because (Select all that apply): C] The marginal private cost of producing cigarettes does not account for
Question 12 (1 point) Most governments tax cigarettes because (Select all that apply): C] The marginal private cost of producing cigarettes does not account for the negative health effects caused by cigarette smoking on non-smokers {1 The quantity of cigarettes produced and consumed in a free market would be \\_J higher than the socially optimal quantity ll The quantity of cigarettes produced and consumed in a free market would be \\_J lower than the socially optimal quantity |:_:| None of the above
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