Pacific Gas and Electric (PG&E)Company Has Donated Almost $300,000 to 58

question 32

Multiple Choice

Pacific Gas and Electric (PG&E) Company has donated almost $300,000 to 58 local governments and community-based organizations for local economic development projects.Recipients of these grants include the San Benito County Economic Development Corporation's Business Outreach Program,the San Jose Conservation Corps' Hennessy Place Affordable Single-Family Housing Project,and Mariposa County's Business Development Training Program.This sort of donation indicates PG&E was operating at a(n) _____ responsibility level of the pyramid of corporate social responsibility.

• A) legal
• B) philanthropic
• C) ethical
• D) economic
• E) cultural

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price over a specified period.

Rationing Mechanism

A system or method used to distribute scarce resources or goods among consumers, often based on criteria other than price.

Market Economies

Economic systems in which supply and demand drive the production and pricing of goods and services, with minimal government intervention.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, aimed at preventing prices from reaching levels deemed too high for consumers.