Biology Forums - Study Force

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



Title: The difference between private cost and social cost is that
Post by: Loraine on Jun 20, 2015
The difference between private cost and social cost is that
A) social cost only considers the external cost borne by society.
B) social cost only considers the cost borne by people other than the producer.
C) private cost only considers the cost borne by producers of the good.
D) social cost also includes any external benefit whereas private cost excludes all external benefits.
E) There is no difference; the terms refer to the same cost.


Title: Re: The difference between private cost and social cost is that
Post by: Chimelo46 on Jul 31, 2015
Content hidden


Title: Re: The difference between private cost and social cost is that
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.