The difference between private cost and social cost is that ____. there is no difference; the terms refer to the same cost B. private cost only…

The difference between private cost and social cost is that ____.

A. there is no difference; the terms refer to the same cost

B. private cost only considers the cost borne by producers of the good

C. social cost only considers the cost borne by people other than the producer

D. social cost only considers the external cost borne by society

 
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