-In Figure 2

question 115

Multiple Choice

-In Figure 2.1, Box 1 would be labeled

• A)P* for equilibrium price.
• B)P for price.
• C)S for supply.
• D)D for demand.

---

Definitions:

Environmental Groups

Organizations focused on advocating for the protection of the environment and promoting awareness of environmental issues.

Social Pressures

The influence that is exerted on individuals or groups by society, encouraging them to conform to societal norms and expectations.

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Legal

Pertaining to the laws, regulations, and codes that govern behavior, agreements, and proceedings within a jurisdiction.