The marginal social cost is
A) equal to the marginal private cost plus the marginal external cost.
B) equal to the marginal private cost minus the marginal external cost.
C) the same as the marginal private cost.
D) the same as the marginal external cost.
Correct Answer:
Verified
Q23: The marginal social cost, MSC, of producing
Q24: An external cost is a cost of
Q25: If a good has an external cost,
Q26: If the marginal social cost of a
Q27: If a good has zero external costs,
Q29: The difference between the marginal social cost
Q30: Which of the following is TRUE?
A) MSC
Q31: The cost of producing an additional unit
Q32: If an external cost exists, then who
Q33: The marginal social cost of production is
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