In the Social Profile of Corporate Crooks,the Text's Author Lists

question 8

Multiple Choice

In the social profile of corporate crooks,the text's author lists many activities conducted by U.S.corporations,including moving corporate headquarters to avoid taxes,stacking the board of directors,and giving campaign contributions to candidates of both parties.What make these practices important is that they are

• A)illegal.
• B)legal.
• C)harmful to corporations.
• D)helpful to the general public.

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Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Marginal Cost

The uptick in the sum total of costs due to the production of an additional unit of a good or service.

Exiting Industry

Refers to the process of firms leaving a specific market or sector, typically due to factors like unprofitability, competition, or changing market conditions.

Minimize Losses

The strategy or process of reducing the amount of losses incurred by a business, investment, or action as much as possible.