There is no age requirement to purchase a computer but there is one to buy tobacco and alcohol. Of the reasons for limiting a market, economists rely on which to justify this

Question

a.These goods are immoral when consumed by the young

b.These goods have external costs when consumed by the young

c. Young consumers have inadequate information

d.Government is necessary to control all consumption

Answer 1

Actually actually these Goods have external costs whether they're consumed by the young or the old. But your answer here is external costs.

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Best,

Lenny