Question

Private costs

a) are borne by producers of a good while social costs are borne by government.
b) are borne by consumers of a good while social costs are borne by government.
c) are borne by producers of a good while social costs are borne by society at large.
d) are borne by producers of a good while social costs are borne by those who cannot afford to purchase the good.

Answer 1

C. are borne by producers of a good while social costs are borne by society at large

Step-by-step explanation: