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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    The Social Cost of Production Is
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The Social Cost of Production Is

Question 322

Question 322

Multiple Choice

The social cost of production is


A) the private cost of production plus the external cost generated by production.
B) the external cost generated by production.
C) the private cost of production that is greater than the benefit of production.
D) the external cost of production that is greater than the benefit of production.

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