Discuss the Difference Between a Private Cost and a Social

question 422

Essay

Discuss the difference between a private cost and a social cost.

---

Definitions:

Correspondence

Written communication; communication by the exchange of letters.

Memo-Style Communication

A concise, written form of communication typically used within organizations to inform or instruct employees.

Informal

Relaxed, casual, or not adhering strictly to rules or formalities.

Specific Concern

A particular issue or problem that requires attention or resolution.