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an individual is creating a sustainability plan to reduce their use of …

Question

an individual is creating a sustainability plan to reduce their use of non - renewable resources. they must choose between product x (made from 100% virgin plastic) and product y (made from 50% recycled materials). product y costs 20% more than product x. which statement best explains how a market force influences the individual’s choice between the two products?
a. the social demand for convenience makes the cheaper, virgin plastic product (x) a more popular choice.
b. the government may impose a fine (a legal demand) on the use of virgin plastic, making product x less attractive.
c. the individual’s moral choice to buy product y will immediately cause the price of product x to increase.
d. the economic force of a higher price acts as a barrier to purchasing the more environmentally sustainable option (product y).

Explanation:

Brief Explanations

To determine the correct answer, we analyze each option:

  • Option A: Social demand for convenience making cheaper Product X popular doesn't explain market force influencing individual choice between X and Y (focuses on social demand, not market force on individual).
  • Option B: Government imposing a fine on virgin plastic use affects Product X's attractiveness, but this is a legal (not market) force influencing choice.
  • Option C: An individual's moral choice to buy Y doesn't involve market force (it's a moral, not economic/market, factor).
  • Option D: The higher price of Y (economic force) acts as a barrier to buying it, which explains how market force (price) influences individual choice between X (cheaper) and Y (more expensive, sustainable). Market forces like price directly impact consumer choices.

Answer:

D. The economic force of a higher price acts as a barrier to purchasing the more environmentally sustainable option (Product Y).