Costs that fall directly on an economic decision maker are called _______ costs.
A)social
B)private
C)external
D)network

Name: Costs that fall directly on an economic decision maker are called _______ costs. A)social B)private C)external D)network
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Question

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Private costs are those that are borne directly by an individual or company engaging in an economic activity. These costs are contrasted with external or social costs, which are borne by society at large.

Costs That Fall Directly on an Economic Decision Maker Are