What Is the Greatest Impact of Internalizing External Costs

question 58

Multiple Choice

What is the greatest impact of internalizing external costs? 

• A) Internalizing external costs would make pollution more profitable. 
• B) Fuel inefficient cars would still have competitive prices if their external costs were internalized. 
• C) Internalizing external costs would make consumers more aware of the true cost of goods. 
• D) Real market prices would always be cheaper if external costs were internalized.

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Definitions:

Excessive Absenteeism

A habitual pattern of absence from a duty or obligation, surpassing normal levels, often impacting productivity and team dynamics.