What is the term for the assignment of private and societal costs to products?

Question

Quizplus · Accepted Answer

Full environmental costing involves assigning both private (direct costs to the producer or consumer) and societal (indirect costs, such as environmental degradation and health impacts) costs to products. This approach aims to reflect the true cost of production and consumption, including externalities that are not typically captured in market prices.

What Is the Term for the Assignment of Private and Societal