Which of the following is not a private cost?

Question

Quizplus · Accepted Answer

Private costs refer to the costs borne by the individual or firm making the economic decision. The health insurance costs (A), coffee pot (C), and raw material costs (D) are all examples of private costs. The pollution caused by a firm (B) is an external cost, also known as a negative externality, because it affects parties not involved in the economic decision-making process, such as members of the public or the environment.

Which of the Following Is Not a Private Cost