Private costs A. are borne by producers of a good

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

Solution