The Cost of Producing an Additional Unit of a Good

question 66

Multiple Choice

The cost of producing an additional unit of a good or service that is borne by the producer of that good or service

• A) always equals the benefit the consumer derives from that good or service.
• B) equals the cost borne by people other than the producer.
• C) is the marginal private cost.
• D) is the external cost.
• E) is the marginal social cost.