-In the Above Figure, CBL Is the Cost of Breaking

question 114

Multiple Choice

-In the above figure, CBL is the cost of breaking the law. If the good in the figure is made illegal and penalties are imposed on both buyers and sellers, then its price per unit

• A) will be higher than if it was not illegal.
• B) will be lower than if it was not illegal.
• C) will be the same as when it was not illegal.
• D) cannot be compared with its price when it was legal.

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Definitions:

Employee Trust

The confidence employees have in the reliability, integrity, and fairness of their employer and its leaders.

Financial Performance

It denotes the measure of an organization's profitability, revenue, expenses, and overall financial health.

Ethical Culture

Refers to the practices, values, and standards within an organization that guide the ethical behavior of its members.

Ethical Behavior

Ethical behavior pertains to actions that are morally acceptable, demonstrating respect for societal norms and values, and often guided by a sense of fairness and justice.