Which Argument for Social Responsibility Puts Forth the Belief That

question 70

Multiple Choice

Which argument for social responsibility puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good?

• A) ethical obligation
• B) balance of responsibility and power
• C) public expectation
• D) public image

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Definitions:

Fixed Cost

Costs that remain constant in total regardless of changes in the level of activity or volume of production.