Economics (AS & A Level) · May / June 2024 · Paper 33 · Question 6
9708Private costs and benefits, externalities and social costs and benefits
An economic activity definitely creates a net social benefit when the value of social benefit minus
- Aprivate benefit is zero.
- Bprivate benefit is negative.
- Csocial cost is positive.
- Dsocial cost is negative.
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Correct answer: C. social cost is positive.
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