If Society Is Experiencing a Net Social Cost from the Production

Multiple Choice

If society is experiencing a net social cost from the production of a good, this implies that

A) the socially optimal level of output is being produced and society is willing to accept the costs that result.
B) producers would rather produce the output at which marginal social cost equals the demand for the good.
C) negative externalities are involved in the production of this good.
D) none of the above