For a firm,its labor costs are
A) a marginal benefit.
B) a private cost.
C) an external cost.
D) Both answers A and C are correct.
E) Both answers A and B are correct.
Correct Answer:
Verified
Q1: The cost of producing an additional unit
Q2: An example of someone bearing the burden
Q4: The difference between private cost and social
Q5: Which of the following is NOT an
Q6: A private cost is a cost of
Q7: A cost that arises from the production
Q8: Joanne rents a TV production studio to
Q9: Marginal private cost
A) is always zero if
Q10: When studying pollution and the environment,economists
A) have
Q11: An example of someone bearing the burden
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