Full cost printing by the internalization of externalities could result in which of these? 1) lower production costs due to diminishing natural resources
2)reduced production of environmentally friendly good and services
3)lower prices and an increase in the consumption of items with high negative impacts
4)higher prices and a reduction in the consumption of items with high negative impacts
5)greater consumer demand for product w high negative impacts

claude wants to buy a car and there are a few factors that will affect the decision he makes in choosing what car he should buy. the first factor that can affect his decision regarding what car to buy can be the social and the cultural influence of the society he is living in. for example, there might be a certain car that might have a better value in the eyes of the society or in other words a better social norm regarding that car.

another factor can be personal habits. claude might need a spacious car because he might have kids or might utilize the back seat for other purposes hence a sports car (2 seated) won’t be appropriate.