1. Why do environmental consequences of business behaviour often result in market failure?
2. State at least two examples of external costs to the environment created in production of goods
3. If there are negative externalities created in the production of a specific product is the price charged for the product likely to be higher or lower than it should be?
4. Give an example of an environmental good which is a pure public good
5. How can pressure groups and public opinion impact the environment?
