Many economists propose finding ways to include the harmful environmental and health costs of producing and using goods and services in their market prices. What is this practice called?

Question

Business

Libby Simmons

5 February, 04:46

Many economists propose finding ways to include the harmful environmental and health costs of producing and using goods and services in their market prices. What is this practice called?

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Answers (1)

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Camila · Answer 1

correct answer is full cost pricing

Explanation:

this practice called as full cost pricing

because full cost pricing is that when the price of any product is calculate by an organization on the base of per unit direct cost of output and we add there markup for cover the overhead cost and profit

so here Full cost pricing also including harmful environmental effect and the health cost of the goods and services in market price

so correct answer is full cost pricing