Question
Which of the following represents the true economic cost of production when firms produce goods that cause negative externalities? Question 7 options: the explicit cost
Which of the following represents the true economic cost of production when firms produce goods that cause negative externalities?
Question 7 options:
the explicit cost of production
the private cost of production
the external cost of production
the social cost of production
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
