The Difference Between an Organization's Positive Social Contributions and Its

question 184

Multiple Choice

The difference between an organization's positive social contributions and its negative social impacts is called their

• A) social scorecard.
• B) responsibility impact report.
• C) net social contribution.
• D) community commitment level.

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Definitions:

Supply

The total amount of a product or service that is available to consumers.

Elastic

Describes a situation where the demand for a good or service significantly changes in response to a change in price.

Optimal Tax

A taxation principle aiming to maximize economic efficiency without imposing undue burdens or distortions.

Deadweight Loss

Economic efficiency loss occurring when free market equilibrium is not achieved for a good or service.