An external cost is a cost paid by _____ of the good.     a consumers b producers  c neither producers nor consumers d both producers and consumers

Economics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter5: Difficult Cases For The Market And The Role Of Government
Section: Chapter Questions
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An external cost is a cost paid by _____ of the good.
 
 
a
consumers
b
producers 
c
neither producers nor consumers
d
both producers and consumers
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