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    Microeconomics Study Set 2
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    Exam 5: Externalities, Environmental Policy, and Public Goods
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    The Cost Borne by a Producer in the Production of a Good
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The Cost Borne by a Producer in the Production of a Good

Question 2

Question 2

Multiple Choice

The cost borne by a producer in the production of a good or service is called


A) private cost.
B) public cost.
C) social cost.
D) internal cost.

Correct Answer:

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