Question

Government regulations help balance negative externalities such as: Multiple Choice No smoking rules enforced to mitigate the effects of second-hand smoke. Gender controls over alcohol purchases and consumption. Drug testing at private businesses. Age restrictions for Social Security recipients.

Answer 1

Government regulations help balance negative externalities such as no smoking rules enforced to mitigate the effects of second-hand smoke.

What is negative externality?

Negative externality is when the activities of producers or consumers negatively affect third parties not involved in production or consumption activities.

For example, smoking affects those who are not smoking. They are affected by the second-hand smoke. To prevent this, no smoking rules can be enforced.

To learn more about externalities, please check: brainly.com/question/26266710