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FIGURE 4-2
-Refer to Figure 4-2.The price elasticity of demand is constant as price changes in diagram(s)
Recycling
The process of collecting, processing, and converting waste materials into new products to prevent waste of potentially useful materials, reduce consumption of fresh raw materials, and lower energy usage and pollution.
Cause Marketing
A partnership between a for-profit company and a nonprofit organization to mutually promote and benefit from social or charitable causes.
Cause Marketing
A strategy where businesses align with social issues or causes to increase brand awareness while also contributing to a social cause.
Societal Responsibility
The obligation of businesses to act in ways that benefit society at large, including ethical practices, sustainability, and community engagement.
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