An Example of a Situation in Which the Social Costs

Multiple Choice

An example of a situation in which the social costs are greater than the private costs would be

A) a new restaurant takes business away from an established restaurant.
B) hand-held calculators putting slide rule manufacturers out of business.
C) when a member of a rock band's ability to hear deteriorates from performing in so many loud concerts.
D) a physician who cannot examine patients with a stethoscope in an examination room adjacent to an airport.