Marginal social cost is the
A) difference between the marginal social benefit and the marginal private cost.
B) difference between the marginal external cost and the marginal private cost.
C) sum of the marginal private benefit and the marginal private cost.
D) sum of the marginal external cost and the marginal private cost.
Correct Answer:
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Q108: The cost of producing an additional unit
Q109: When external costs are present
A) transaction costs
Q110: Q111: To achieve the efficient amount of use Q112: Taxes can yield the efficient level of Q114: If the marginal external cost of building Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()