Environmental Issues and Externalities 6.3 (and 6.2.3)

This includes:

• 6.2.3 External costs and benefits
• external costs and external benefits of business decisions
• 6.3.1 Environmental issues
• how business activity can negatively affect the environment, e.g. pollution, depletion of resources
• why businesses may respond to environmental issues, e.g. improved reputation, increased sales
• how businesses may respond to environmental issues
• effects of legal controls over business activity affecting the environment: how, what and where to
  produce or sell, influence on costs

Minimum Time = 20 minutes