why-is-the-marginal-social-cost-msc-curve-typically-higher-than-the-traditional-

Question

Why is the marginal social cost (MSC) curve typically higher than the traditional supply curve?

Accepted Answer

Because it includes external costs not accounted for in the supply curve.

Answer

Because it excludes external costs.

Answer

Because it represents the demand curve.

Answer

Because it includes only private costs.