1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paha777 [63]
2 years ago
6

Marginal social cost is defined as:_____.

Business
1 answer:
Alika [10]2 years ago
8 0

Marginal social cost is defined as the marginal private cost plus the opportunity cost.

When an extra or additional unit of a good or service this produced brings about a change in society's total cost. This change in society's total cost is called marginal social cost. This includes both the opportunity cost and the marginal private cost. So it is the total of the private cost and the external cost that the person has to pay.

Marginal private cost is the change in the total cost of the producer due to the production of an additional unit of a good or service. This cost is also known as the marginal cost of production For example if the production of a person's costs rises from$1,000 to $1,050 due to the production of this one good being produced for $50 is known as the marginal private cost.

The opportunity cost is the benefit the person would have gotten if he would have invested the money elsewhere. For example, if the person has an extra $50. He can either invest it in the business or he can invest it in the bank and get the interest. The interest money that the person has to forgo is called the opportunity cost.

Learn more about marginal social cost here:

brainly.com/question/26171632

#SPJ4

You might be interested in
The Conceptual Framework, ________________, reflects a centrality of affirmed principles, beliefs, and practices that guide the
Komok [63]

Answer:

Model for learning

Explanation:

4 0
3 years ago
Which of the following students is most likely to receive a merit based scholarship?
bonufazy [111]
A student with a high academic score
8 0
3 years ago
Read 2 more answers
What is an accurate definition of experience?
sasho [114]

Answer: A)the collection of things a person has done

Explanation: just answered it EDGE 2021

7 0
3 years ago
Read 2 more answers
According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following
kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

  • Brokers/dealers can not be considered as an investment company because they are not the company.
  • Pooled investments in metals are not an investment company but considered as the commodity pool.
  • Insurance companies are also not investment companies.

7 0
3 years ago
Can somebody help me find a pattern in these numbers?
Papessa [141]
1 and 5 would be the numbers
3 0
3 years ago
Other questions:
  • Career pathways never overlap.<br> True<br> OB.<br> False
    9·1 answer
  • ____ refers to experimenting with work first and then deciding on a path instead of doing all the ethical considering up front.
    14·1 answer
  • The XYZ car manufacturing company is advertising its new hybrid vehicle. It understands that its competition, Toyota's hybrid ca
    13·1 answer
  • During 2010, raines umbrella corp. had sales of $850,000. cost of goods sold, administrative and selling expenses, and depreciat
    15·1 answer
  • Which of the following is representative of safeguarding​ assets?
    10·2 answers
  • Helpp please 10 points!<br><br> 2. What are Internal and external factors.
    5·1 answer
  • Jacques lives in Denver and runs a business that sells guitars. In an average year, he receives $731,000 from selling guitars. O
    8·1 answer
  • Sears and Holiday Inn encountered difficult times because they did not stand out as the lowest in cost, highest in perceived val
    5·1 answer
  • What is installment debt?
    10·2 answers
  • FREE BRAINLIEST FIRST RESPOND
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!