Question
Thoughts on below post? An example of a negative externality is cigarettes. Cigarettes produce harmful chemicals in the air that is harmful to the person
Thoughts on below post?
"An example of a negative externality is cigarettes. Cigarettes produce harmful chemicals in the air that is harmful to the person smoking it but also harmful to third parties that aren't even taking part in smoking cigarettes. With the harmful chemicals in the air that people are breathing in there is no compensation paid by anyone in this matter. Everyone just has to breathe in the second hand smoke and may have to suffer the effects later on in life. While cigarettes are definitely causing health issues to the consumer they are definitely also causing issues to the overall health of our society. Back in the day the negative externality of cigarettes were much greater than they are now because the government has banned advertisements for cigarettes and the cost have gone up and people are more well aware of the effects of cigarettes which have made cigarettes purchases go down. The government influence on the cigarettes was pretty successful but there are still people smoking cigarettes and putting harmful chemicals in their bodies and in the air for other people to inhale. Cigarettes really show a negative externality because all cigarettes do cause lots of health issues and pollute the world we live in."
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