Multiple Choice
Marginal private cost is the
A) additional cost to society resulting from a consumer consuming one more unit of a good.
B) additional cost to society resulting from a privately owned firm producing one more unit of a product.
C) amount that a consumer pays to produce an additional unit of a good.
D) the amount that a consumer pays to consume an additional unit of a particular good.
Correct Answer:

Verified
Correct Answer:
Verified
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