Which of the following term refers to the share of an activity's marginal cost that is paid for by the persons who carry out the activity?

Question

Quizplus · Accepted Answer

Marginal private cost refers to the share of an activity's marginal cost that is paid for by the persons who carry out the activity. This includes any costs or expenses incurred by the individual or organization performing the activity, such as labor, materials, and equipment. The other options are not directly related to the share of marginal cost paid by those carrying out the activity.

Which of the Following Term Refers to the Share of an Activity's