Author Question: The total social costs of production are: a. private costs plus private benefits. b. private ... (Read 94 times)

Davideckstein7 · **on:** Jun 30, 2018

The total social costs of production are:
a. private costs plus private benefits.
b. private benefits minus private costs.
c. private costs plus external costs.
d. private costs minus external costs.

Question 2

Mexico and India have a fairly large number of engineers and technical personnel, which means that new technology can be adapted relatively quickly.
a. True
b. False
Indicate whether the statement is true or false