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A private cost of production is a cost that is borne by the ________ of a good or service. A social cost of production is
- A private cost of production is a cost that is borne by the ________ of a good or service. A social cost of production is a cost that is ________.
- A) consumer; not borne by the producer but borne by other people B) producer; not borne by the producer but borne by other people C) producer; borne by the consumer
- D) producer; borne by the producer and by everyone else on whom the cost falls E) consumer; borne by the producer and by everyone else on whom the cost falls
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