2.8 (Micro) Market failure: Negative externality of consumption: Market for cigarettes

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  • Опубликовано: 7 янв 2025

Комментарии • 3

  • @EZNOMICS
    @EZNOMICS  Год назад +3

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  • @emaa3081
    @emaa3081 2 года назад +1

    7:08

    • @EZNOMICS
      @EZNOMICS  2 года назад +1

      Thank you for adding the time stamp. I've added the time stamp as well into the notes on the analysis of the model within the information section of the video.
      7:08 time stamp highlights the following:
      Thus, at Qm, MSC is greater than MSB, generating a welfare loss (shaded area) representing the quantified cost of public health services used by cigarette consuming households for lung cancer treatment.