A cost borne not by the producer but by other people is called ________ cost.
A) an unregulated
B) an external
C) a consumer
D) a non-production
Correct Answer:
Verified
Q193: Which of the following can prevent markets
Q194: Suppose a tax is imposed on a
Q195: Underproduction of a good _ create a
Q196: Which of the following can prevent markets
Q197: Among the sources of economic inefficiency are
Q199: If there is an external cost from
Q200: At the efficient level of production
A) producer
Q201: Underproduction compared to the efficient amount implies
Q202: Which of the following conditions could lead
Q203: If the quantity of corn is such
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