When defining environmental costs, damage is defined as
A)fire loss of the factory.
B)a direct degradation of the environment or the unnecessary usage of materials and energy.
C)social costs of pollution.
D)all of the above.

Question

Quizplus · Accepted Answer

Environmental costs are defined as the negative impact on the environment and society due to the actions of an entity. Damage, in this case, refers to direct degradation of the environment or the unnecessary usage of materials and energy. The other options provided in the question fall under different categories - fire loss of the factory is a financial loss, and social costs of pollution refer to the impact on the society due to pollution. Hence, B is the best choice for defining environmental costs.

When Defining Environmental Costs, Damage Is Defined as