Multiple Choice
Suppose a company that produces chemicals disposes of PCBs (a cancer-causing toxin) in the local lake.The private costs of production are incurred by __________; the social costs of production are incurred by ____________.
A) the company; the company
B) the company; people affected by the PCBs and the company
C) people affected by the PCBs; the company
D) people affected by the PCBs; people affected by the PCBs and the company
Correct Answer:

Verified
Correct Answer:
Verified
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