“Full-Cost Pricing”

“Full-Cost Pricing” is one of the principles of sustainability described in your text. When all of the environmental costs of a product or service are not included in the price, environmental problems will result.

Identify and describe an environmental problem that is caused because an industry does not follow full-cost pricing. (2 points)

What could be done to make the industry include the external cost in the price of their product (2 points)

Sample Solution
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