Question

social costs are those costs mcq​

Answer 1

Answer:

what was it ask clearly what

Answer 2

Concept

Social costs are the prices which is that the sum of the private costs resulting from a transaction and also the costs imposed on the consumers as a consequence of being exposed to the transaction that they're not compensated or charged.

To do

Write a paragraph about social costs.

Explanation

Social costs are those costs which are costs of consumers which a business puts on the society like pollution done by company, industries, plants, etc. it's basically the damage the damage given by company to society, like pollution done by industries, unemployment done by companies. it's basically the private cost and the other external cost to society.

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