The Practice of Including the Estimated Harmful Environmental and Health

question 43

Short Answer

The practice of including the estimated harmful environmental and health costs of resource use in the market price of goods and services is called ____________________.

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Definitions:

Indirect Bankruptcy Costs

Expenses related to bankruptcy that are not direct costs such as legal and administrative fees, including damage to corporate reputation and loss of business opportunities.

Corporate Default

A failure of a company to fulfill its financial obligations, such as missing a debt payment.

Lost Sales

Revenue that a company could have earned but didn't, due to stockouts, inadequate capacity, or other factors.

Debt/Equity Ratio

An indicator of how the financing of company assets is divided between shareholder equity and debt.