At the Top of the Pyramid of Social Responsibility for Business

question 55

Multiple Choice

At the top of the pyramid of social responsibility for business are ____ responsibilities.

• A) ethical
• B) legal
• C) Cost
• D) philanthropic
• E) Economic

Understand the derived demand for labor and other resources.

Grasp the impact of technological and external factors on the demand and supply of resources.

Evaluate the impacts of resource productivity changes on firm output.

Understand the relationship between resource prices, marginal revenue product, and employment levels in perfectly competitive firms.

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Definitions:

Goggles

Protective eyewear that guards the area surrounding the eyes to prevent particulates, water, or chemicals from striking the eyes.

Immunizations

The process of making a person immune or resistant to an infectious disease, often by the administration of vaccines.

(Chemical) Irritants

Substances that can cause inflammation or discomfort to bodily tissues upon contact, often leading to pain, swelling, or redness.

Caustic Burns

Tissue damage caused by contact with chemical substances that are acidic or alkaline.