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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Marginal private cost (Multiple Choice Question)
Post by: Loraine on Jun 20, 2015
Marginal private cost
A) is always zero if there is an external cost.
B) equals the marginal social cost only if the marginal external cost is positive.
C) is the cost of producing an additional unit of a good or service that is paid by the producer of that good or service.
D) the cost of producing an additional unit of a good or service that falls on people other than the producer of that good or service.
E) the cost of producing an additional unit of a good or service that is paid by the entire society.


Title: Re: Marginal private cost (Multiple Choice Question)
Post by: Chimelo46 on Jul 31, 2015
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Title: Re: Marginal private cost (Multiple Choice Question)
Post by: Chimelo46 on Aug 31, 2015
The textbook reference in your signature really helped me narrow it down.

Happy to help ;)