The ________ cost to society of producing an additional unit of a good or service is the marginal social cost.
A) private
B) subsidized
C) total
D) damage

Name: The ________ cost to society of producing an additional unit of a good or service is the marginal social cost. A) private B) subsidized C) total D) damage
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Question

Quizplus · Accepted Answer

The marginal social cost includes all costs to society, both private and external, of producing one more unit of a good or service, hence "total" is the correct term.

The ________ Cost to Society of Producing an Additional Unit