Full Cost Pricing Discussion Essay

Full Cost Pricing Discussion Essay

“Full-Cost Pricing” is one of the principles of sustainability described in your text. When all of the environmental costs of a product or service are not included in the price, environmental problems will result.
Identify and describe an environmental problem that is caused because an industry does not follow full-cost pricing. (2 points)

What could be done to make the industry include the external cost in the price of their product (2 points)

This short video from the U.S. Public Broadcasting System (PBS) discusses the recent development of organic agriculture in Cuba.

Why did Cuba make this conversion to organic agriculture? What are some of the ways that the Cuban system described in this video differs from the industrial agriculture system in the United States and other western countries? Do you think that the Cuban model could be transferable to the United States? Why or why not?

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