A-LevelEconomicsGovernment microeconomic intervention9708/12 · May/June 2014 · Q161 Mark
A firm owns a bridge and charges all vehicle users who cross it. How might the charge be classified?
Aprivate benefit and a private cost
Bprivate benefit and an external cost
Can external benefit and a private cost
Dan external benefit and an external cost
✓ Correct answer
A: private benefit and a private cost
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