A Private Cost of Production Is a Cost That Is

Multiple Choice

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;borne by the producer and by everyone else on whom the cost falls
B) consumer;not borne by the producer but borne by other people
C) producer;not borne by the producer but borne by other people
D) producer;borne by the producer and by everyone else on whom the cost falls
E) producer;borne by the consumer