social cost (0 synonym found)

We don't have synonyms for social cost yet — it may be a rare, specialized, newly coined, or misspelled word. The closest thesaurus entries we have are social host and social costs.


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Definition of social cost:

(N) : Social cost in neoclassical economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the transaction for which they are not compensated or charged.

Definition of social cost:

(N) : Social cost in neoclassical economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the transaction for which they are not compensated or charged.

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