Can you name three products for which packaging could easily be reduced without
ID: 801964 • Letter: C
Question
Can you name three products for which packaging could easily be reduced without ill effects to the consumer? Would you be any more or less likely to buy these products if they had less packaging? Should recycling programs be subsidized by governments even if they are run at an economic loss? What types of external costs-costs not reflected in market prices-do you think would be involved in not recycling, say, aluminum cans? Do you feel these costs justify sponsoring recycling programs even when they are not financially self-supporting? Why or why not?Explanation / Answer
Basically, The packaging has a crucial role for the following reasons:
a). it helps in to protect the product from damage and retains its quality and quantity while shipping or transportation.
b) typically it is a tool of promoting of the product to the real consumer.
1. product name: Non fragile material, packaging food dont require double label cost; resistant to moisture products 2. A less packaging must not be correlated with the essential packaging component. A requirement of packaginge from damage must be primary concern. Further, the extra packaging can be avoidable and also educated consumer may prefer these practisings.
3. It is in the high concern that the waste product of packaging must be recycled but the expenses related to it is more than its new production cost. thus, it requires a subsidy economical support from the government. Its all depends upon the budget of the scheme of the government of a country. if it comes under the viability of total expense and sanity, government should emphesize such programs.
5. Costs including the non recycling of products always increase the production cost and hence the net cost for the ultimate consumer. Sometimes, it is not practically applicable/justifying to have financially self supporting by the firm or company. If it can be possible then it ultimately helps in to create win win situations among company, consumer and environment.