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Which statement about private costs and social costs is correct? A)A firm's social cost could be calculated from its global impact. B)Communities pay a private
Which statement about private costs and social costs is correct?
A)A firm's social cost could be calculated from its global impact.
B)Communities pay a private cost when a firm creates pollution.
C)When a firm pollutes the environment, its private costs always outweigh its social costs.
D)Social costs are costs that a firm must pay to clean up any environmental pollution it creates.
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