social cost:
the cost of a product that is not paid by its producer but is paid by the society in general. an example would be an environmental cost involved in the production process that involves the discharge of pollutants into the environment (i.e. into the sea or atmosphere)
phew i was getting worried they hadnt taught me positive feedback...
edit: i am surprised i havent taught myself it since our teacher says the same thing every lesson "i think you can do that dot point by yourselves at home."
Ms 12 i know kerrie and katrine as well! they are practically best friends
i know heaps of 04ers as that is was our primary school's feeder school if that makes sense