Marginal damage cost is the difference between marginal social cost and marginal cost.

Name: Marginal damage cost is the difference between marginal social cost and marginal cost.
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Marginal damage cost is the additional cost imposed on society by producing one more unit of a good, and it is calculated as the difference between the marginal social cost (which includes externalities) and the marginal cost (which does not include externalities).

Marginal Damage Cost Is the Difference Between Marginal Social Cost