Question

He private benefit is​ ________, while the social benefit is​ ________.

a. the total benefit from consuming the good or​ service; the benefit received by the consumer of a good or service
b. the benefit received by the consumer of a good or​ service; the external benefit
c. the benefit received by the consumer of a good or​ service; the total benefits from consuming the good or service
d. none of the above.

Answer 1

The answer is b
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