Question

question 2
what is an environmental concern related to the production of promotional items?
excessive packaging waste
better recycling options
resource diversion from poorer countries
increased consumer demand
what is the term used in economics to describe the loss of potential gain from other alternatives when one option is chosen?
indirect cost
trade - off
opportunity cost
sunk cost

Explanation:

In economics, opportunity - cost represents the forgone benefits of the next - best alternative. In environmental terms, promotional items often lead to excessive packaging waste which is a significant environmental concern.

Answer:

Question 1: What is the term used in economics to describe the loss of potential gain from other alternatives when one option is chosen?

• Answer: Opportunity Cost

Question 2: What is an environmental concern related to the production of promotional items?

• Answer: Excessive packaging waste