Use the Following to Answer Questions

question 117

Multiple Choice

Use the following to answer questions
Peters Ice-Cream is producing a new line of icy poles.They are going to be made from 100 per cent fruit juice, sold only in school canteens, wrapped in environmentally friendly packaging and retail for $1.As part of the initial launch, Peters is offering schools a free computer when they agree to sell the icy poles in their school canteen.The canteen staff will receive training about the nutritional value of the icy poles so they can tell this to the children.
-Using the icy pole in environmentally friendly wrapping is which element of the marketing mix?

• A)Product
• B)Price
• C)Place
• D)Promotion
• E)People

Discuss the economic efficiency of corrective taxes versus pollution regulation.

Understand the mechanisms and effects of tradable pollution permits in pollution management.

Evaluate the fiscal implications of corrective taxes and pollution permits for government revenue.

Apply the Coase theorem to real-world externality problems and private solutions.

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Definitions:

Glycoprotein

A protein with covalently attached carbohydrates

Golgi Stacks

A structure within the cell composed of a series of flattened membrane sacs involved in the modification, sorting, and packaging of proteins.

Surface Area

The total area of the external surface of a three-dimensional object.

Spherical Shape

Pertains to objects or entities having the shape of a sphere, which is perfectly round in three dimensions.