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do 2. Suppose that over the next 20 years, the environ- mental and health costs of goods and services are gradually added to their market prices until those prices more closely reflect their total costs. What harmful effects and what beneficial effects might such a full-cost pricing process have on your lifestyle and on the lives of any children, grandchildren, and great grandchildren you eventually might have?

do 2. Suppose that over the next 20 years, the environ- mental and health costs of goods and services are gradually added to their market prices until those prices more closely reflect their total costs. What harmful effects and what beneficial effects might such a full-cost pricing process have on your lifestyle and on the lives of any children, grandchildren, and great grandchildren you eventually might have?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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whats the answer to number 2?

Critical Thinking 5. E 1. In making a shift to a more sustainable future, what do you think are the three most important things that (a) the United States needs to do, (b) China needs to do (Core Case Study), and (c) you need to do? 2. Suppose that over the next 20 years, the environ- mental and health costs of goods and services are gradually added to their market prices until those prices more closely reflect their total costs. What harmful effects and what beneficial effects might such a full-cost pricing process have on your lifestyle and on the lives of any children, grandchildren, and great grandchildren you eventually might have? 6. 7. 3. Which three of the components of more sustainable economic development shown in Figure 17.11 do you think are ilie most important ones to promote? Which three do you think are the least important? Assume you are the advisor to the leaders of your country and write an explanation of your reasoning. voa rer.or disagree with cachof
Transcribed Image Text:Critical Thinking 5. E 1. In making a shift to a more sustainable future, what do you think are the three most important things that (a) the United States needs to do, (b) China needs to do (Core Case Study), and (c) you need to do? 2. Suppose that over the next 20 years, the environ- mental and health costs of goods and services are gradually added to their market prices until those prices more closely reflect their total costs. What harmful effects and what beneficial effects might such a full-cost pricing process have on your lifestyle and on the lives of any children, grandchildren, and great grandchildren you eventually might have? 6. 7. 3. Which three of the components of more sustainable economic development shown in Figure 17.11 do you think are ilie most important ones to promote? Which three do you think are the least important? Assume you are the advisor to the leaders of your country and write an explanation of your reasoning. voa rer.or disagree with cachof
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