Final answer:
The total benefits of the proposed smoking ban in Tobaccoville would be $200 million for the residents, with total costs of $10 million for the two tobacco companies. The decision to pass the ban will depend on political, public, and economic impacts beyond the direct financial considerations.
Step-by-step explanation:
The question pertains to the evaluation of the total costs and benefits of a proposed smoking ban in restaurants in Tobaccoville. The ban is expected to benefit 1 million residents by $200 each, summing up to a total benefit of $200 million. However, it would cost two large tobacco companies in the area $5 million each, totaling $10 million in costs.
To calculate: Total Benefits = 1,000,000 people x $200/person = $200,000,000.
Total Costs = 2 companies x $5,000,000/company = $10,000,000.
Whether the policy will pass depends on various factors including political influence, public support, and economic impact assessment beyond just the direct financial costs and benefits, such as health considerations and long-term societal costs.