Discuss full-cost pricing with respect to purchasing a car.
What will be an ideal response?
The market price, or direct price, that we pay for a product or service usually does not include all of the indirect, or external, costs of harm to the environment and human health associated with its production and use. If you buy a car, the price you pay includes the direct, or internal, costs of raw materials, labor, shipping, and a markup for dealer profit. In using the car, you pay additional direct costs for gasoline, maintenance, repairs, and insurance. However, in order to extract and process raw materials to make a car, manufacturers use energy and mineral resources, produce solid and hazardous wastes, disturb land, pollute the air and water, and release greenhouse gases into the atmosphere. These are the hidden external costs that can have harmful effects on us, on future generations, on our economies, and on the earth's life-support system.
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Karl Marx provided the theoretical basis for Malthus' conclusions about population
Indicate whether this statement is true or false.
Which of the following is not involved in turning some sediments into sedimentary rock?
a) burial b) compaction c) cementation d) metamorphism e) all of the above are involved
The dissolved salts in seawater increases the freezing point, explaining the formation of sea ice
Indicate whether the statement is true or false
Density-dependent factors ________
A) include the effects of disease, predators, and food on a single species within a community B) include the effects of rainfall on an entire community C) cause decreases in the number of species in an ecosystem D) include the effects of a hard freeze on a single species within a community E) include the effects of a hard freeze on an entire community