The cost of producing an additional unit of a good or service that falls on people other than the producer of that good or service is the
A) marginal external cost.
B) marginal private cost.
C) marginal social cost.
D) None of the above answers is correct.
Correct Answer:
Verified
Q26: If the marginal social cost of a
Q27: If a good has zero external costs,
Q28: The marginal social cost is
A) equal to
Q29: The difference between the marginal social cost
Q30: Which of the following is TRUE?
A) MSC
Q32: If an external cost exists, then who
Q33: The marginal social cost of production is
Q34: For a good with an external cost,
Q35: If the marginal private cost of producing
Q36: Marginal social cost is the
A) difference between
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