Purchase Solution

Environmental impact/Externalities of delivered goods and services.

Not what you're looking for?

Ask Custom Question

We often take for granted many of the products or services that we access on a daily basis because at first glance they seem inexpensive. Provide an example of such a product that upon further examination has wide-ranging impacts upon environmental health, with the poor bearing the brunt of this impact.

Purchase this Solution
Solution Summary

Here I have provided an example of each a product and a service that remain a popular part of our culture due to their relatively inexpensive initial cost. Examining the externalities associated with these, one gains insight into social inequalities associated with their use.

Solution Preview

An externality is any cost associated with the use or production of a good or service. These costs are often not covered by the purchase price. For example, this morning I purchased a bottle of water from a popular doughnut shop. It is interesting to note that I was denied a cup of tap water per the company's policy. At any rate, let us consider the externalities of this bottle of water, that selling for $1.50, is quite inexpensive once one ...

Purchase this Solution
Free BrainMass Quizzes
Environmental Laws

The quiz tests some basic US environmental laws and policies.

Structure of the Earth

Basic introduction to terms related to the structure of the Earth, including definitions and application of knowledge. This quiz focuses on the spheres.

Basic Energy Quiz

This quiz will test your knowledge of basic energy related questions. It will improve your knowledge on units of measurement .

Gems, Fossils, and Space Rocks

Brief introduction to basic information related to gems, fossils, and space rocks. Great for introducing a science unit to students!

United States and Canada Vocabulary

Assessment of basic vocabulary terms related to geography and resources in the United States and Canda.

View More Free Quizzes
Related BrainMass Solutions

  • Network externatities and company size

    As noted in Chapter 3, network externalities are often an important aspect of demand for information goods and services.

  • Per-Unit Tax on the Firm's Output for Saving Environment

    Averting a 'race to the bottom' requires government involvement yet the world trade system aims to reduce government 'interference' in the international flow of goods, services and capital.

  • Externalities of Industry

    These negative externalities can be reduced if the buildings are designed, constructed and maintained in accordance to environmental standards.

  • Industry analysis

    'Externalities' is the economic term for the costs (e.g. environmental and social) of an economic activity which are not borne by the operator, but instead by the wider community. Thus the externality is a spill over from an economic activity.

  • Implication of trade liberalization

    Not only are the absolute quantity of goods and services higher, but the particular combination of goods and services actually produced will yield the highest possible utility to global consumers.

  • Trade liberalization conflicts and morally-conscious policy

    Averting a 'race to the bottom' requires government involvement yet the world trade system aims to reduce government 'interference' in the international flow of goods, services and capital.

  • Laissez-Faire economist and an activist economist

    Not only are the absolute quantity of goods and services higher, but the particular combination of goods and services actually produced will yield the highest possible utility to global consumers.

  • Common goods, public goods, private goods, natural monopolie

    In the same way, the government can impose tax or license fees on the production of the goods or services which are involved in negative externalities so that they can be discouraged.

  • Discussion in Public Service Delivered

    These are public goods in some cases that are provided to the public (Denhardt & Denhardt, 2007). In most of the cases, public services are services in real sense that serve the citizens.

View More Related Solutions