Refer to the Diagram

question 171

Multiple Choice

Refer to the diagram. Which one of the following might shift the marginal benefit curve from MB₁ to MB₂?

• A)major new studies strongly linking cancer to pollution
• B)improved technology for reducing pollution
• C)a change in consumer tastes from manufactured goods to services
• D)a decrease in the price of recycled goods

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Definitions:

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles, considering the impact of decisions on stakeholders.

Firm's Purpose

The fundamental reason for a company's existence beyond just making profits, often reflecting its values, mission, and the positive impact it aims to create for stakeholders.

Personal Values

Fundamental beliefs and principles that an individual considers important and guides their behavior and decision-making.