Help me study for my Environmental Science class. I’m stuck and don’t understand.
“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)