Question

Why does ecolabeling spread in a free-market economy? a. Ecolabeling uses subsidies to support certain activities. b. Ecolabeling works best in a permit trading system. c. Businesses try to win consumer confidence and outcompete less sustainably produced brands. d. Ecolabeling can pinpoint causes of the problem.

Answer 1

c. Businesses try to win consumer confidence and outcompete less sustainably produced brands.