Which of the Following Activities, If Any, Represents an External

question 9

Multiple Choice

Which of the following activities, if any, represents an external cost?

• A)​The reduction in the incidence of chicken pox when children are inoculated against the disease.
• B)​The damage to a person's health from secondhand smoke.
• C)​The increase in local property values when the city creates a neighborhood park.
• D)​The price you pay for the prime rib that you consume at a local restaurant.

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Definitions:

Green Marketing

Marketing efforts focused on promoting products and practices that are environmentally friendly or sustainable.

Recycle Marketing

Reusing successful marketing strategies or campaigns, possibly with modifications, to capitalize on previous successes.

Environmental Marketing

Marketing activities that emphasize ecological benefits, promote environmental awareness, or incorporate sustainable practices in the production and promotion of products and services.

Cause Marketing

A marketing strategy where businesses align with social issues or causes to generate business benefits and societal impact simultaneously.