Which of the Following Cases Are Examples of Industries That

question 15

Multiple Choice

Which of the following cases are examples of industries that have potentially increasing costs due to scarce inputs?

• A) Petroleum production
• B) Medical care
• C) Legal services
• D) All of the above

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Definitions:

Socially Responsible

The commitment of individuals, groups, and businesses to act ethically and contribute to economic development while improving the quality of life of the workforce, their families, the local community, and society at large.

Ethically Responsible

Pertains to decisions and actions guided by moral principles, focusing on doing what is right and beneficial for society and the environment.

Beverage Company

A business that produces drinks, which can include soft drinks, juices, bottled water, and alcoholic beverages, for consumer consumption.

Corporate Social Responsibility

An operational plan for businesses that incorporates attention to social and environmental issues within their daily activities and stakeholder relations.