Social cost is also considered to be the private cost plus [...].
Answer
externalities
Tags
#cfa #economics #social-cost
Question
Social cost is also considered to be the private cost plus [...].
Answer
?
Tags
#cfa #economics #social-cost
Question
Social cost is also considered to be the private cost plus [...].
Answer
externalities
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Open it Social cost is also considered to be the private cost plus externalities.
Original toplevel document
Social cost - Wikipedia, the free encyclopedia ourced material may be challenged and removed. (September 2009)
Social cost in economics may be distinguished from "private cost". [1] Economic theorists model individual decision-making as measurement of costs and benefits. <span>Social cost is also considered to be the private cost plus externalities. [2] Rational choice theory often assumes that individuals consider only the costs they themselves bear when making decisions, not the costs that may be borne by others.
With pure priv
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