Wednesday 6 June 2012

Private costs A. are borne by consumers of a good while social costs are borne by

Private costs
A.   are borne by consumers of a good while social costs are borne by government.
B.   are borne by producers of a good while social costs are borne by those who cannot afford to purchase the good.
C.   are borne by producers of a good while social costs are borne by government.
D.   are borne by producers of a good while social costs are borne by society at large.

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