Science Homework Help

Rutgers University Advanced Estimation Models Discussion

 

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. 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. What could be done to make the industry include the external cost in the price of their product.