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Economics · Oct / Nov 2017 · Paper 13 · Question 4

2281Market failure

What might be an external cost of drinking alcohol?

  1. Athe cost of a bottle of wine
  2. Bthe risk of illness from drinking alcohol
  3. Cthe risk of street violence
  4. Dthe tax paid to the government

As printed in the paper

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Correct answer: C. the risk of street violence

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