A common example of a potential negative internality is the effect of smoking cigarettes on those who smoke. For the effect of secondhand smoke, see externality. Statistically, 80% of smokers want to quit, and 54% of people who are serious about quitting fail in a week or less.
A typical illustration of a possible adverse externality is the impact of smoking cigarettes on those who smoke. For information on the effect of secondhand smoke, see externality. Statistically, 80% of smokers desire to stop, and 54% of individuals serious about quitting fail within a week or less.