The cost of producing an additional unit of a good or service that falls on people other than the producer is
A) the marginal cost.
B) represented by the demand curve.
C) represented by the supply curve.
D) the marginal external cost.
E) the marginal social cost.

Question

Quizplus · Accepted Answer

The cost of producing an additional unit of a good or service that falls on people other than the producer is known as marginal external cost.

The Cost of Producing an Additional Unit of a Good