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20 July, 12:29

Private costs

a) are borne by producers of a good while social costs are borne by government.

b) are borne by consumers of a good while social costs are borne by government.

c) are borne by producers of a good while social costs are borne by society at large.

d) are borne by producers of a good while social costs are borne by those who cannot afford to purchase the good.

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  1. 20 July, 13:17
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    C. are borne by producers of a good while social costs are borne by society at large
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