Suppose That Large-Scale Pork Production Has the Potential to Create

question 183

Multiple Choice

Suppose that large-scale pork production has the potential to create ground water pollution. Why might this type of pollution be considered an externality?

• A)The groundwater pollution reduces the cost of large-scale pork production.
• B)The economic impact of a large-scale pork production facility is localized in a small geographic area.
• C)The pollution has the potential for creating a health risk for water users in the region surrounding the pork production facility.
• D)Consumers will not reap the benefits of lower production cost from large-scale pork production.

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Definitions:

Multichannel Marketing

A marketing strategy that uses several different channels, such as retail stores, online platforms, and direct mail, to reach customers.

Showrooming

The behavior of checking out products in a physical retail store without buying them, and later searching online to buy the same products at a cheaper price.

Strategic Channel Alliance

A partnership between two or more organizations to use each other's distribution channels to sell their products, often to expand market reach.

Global Marketing

Marketing strategies and efforts designed to promote and sell products or services on an international scale, taking into account cultural, legal, and language differences.