The social costs of an activity are greater than the private costs of the activity when

A) a person does not pay all costs associated with a particular resource-using activity.
B) the internal costs of the resource-using activity are less than the external costs of the activity.
C) the internal costs of the resource-using activity are positive.
D) the external costs of the resource-using activity are zero.


A

Economics

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a. True b. False

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