Which of the following is true?
A) social costs = internal costs - external costs
B) social costs = internal costs +external costs
C) internal costs = social costs + external costs
D) external costs = social costs + internal costs
E) internal costs - social costs = external costs
Correct Answer:
Verified
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Q9: An external cost is best defined as
Q10: A negative externality exists whenever
A) there are
Q11: An internal cost is best defined as
Q12: Refer to the accompanying table,where Q represents
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Q15: External costs are the result of the
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