The noncrash costs of driving include operating costs, fixed costs, and environmental costs. Operating costs include: gas, oil, and tires. The more you drive, the greater your operating costs. Fixed costs include: the purchas price of the vehicle, insurance, and licensing fees.
explicit environment cost include the direct cost of modifying technology and processes, costs of clean up, disposal costs, fines by govt. agencies etc.
Environmental costs refer to the impact caused by nature
By weighing the costs and benefits of an environmental issue
The monetary impact from the negative environmental effects resulting from the choices we make.
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Raw materials
Tuition costs and the cost of books, whereas the implicit costs include foregone income.
G. Scott Simpson has written: 'Estimating fertilizer application costs' -- subject(s): Application, Costs, Fertilizers 'Estimating the economic impact of environmental investments on retail costs and dealer strategies for offsetting these costs' -- subject(s): Costs, Environmental protection 'Key factors in purchasing fertilizer application equipment' -- subject(s): Application, Costs, Fertilizers
To save environmental and economic costs.
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Because environmental science involves costs and benefits which, as economic variables, are governed by supply and demand.