Question: When will the private cost of producing a good differ from the social cost? Give an example. When will the private benefit from consuming a

When will the private cost of producing a good differ from the social cost? Give an example. When will the private benefit from consuming a good differ from the social benefit? Give an example.

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When does the private cost of producing a good differ from the social cost? Give an example. When does the private benefit from consuming a good differ from the social benefit? Give an example.

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