Companies that try to act in a socially responsible way are likely to focus on such activities as increasing the diversity of their workforce, providing safety equipment and training for their workers using recyclable packaging.
<h3>How can companies act in a
socially responsible way ?</h3>
Companies that are trying to act in a socially responsible way would take steps to ensure that they protect labour, employ more minority groups and take steps to protect the environment. Companies that are trying to act in a socially responsible way often adopt ESG factors in their decision making processes.
To learn more about social responsibility, please check: brainly.com/question/14615085
#SPJ1
There is not enough information in this question to answer it. You cannot determine significance with just the alpha value. You need the actual test statistic (p-value) to determine this.
If the p-value is less than the alpha value, you reject the null hypothesis (the there is no difference).
Answer: Firms will exit the market, causing price to rise until losses are eliminated
Explanation:
When there is a decrease in demand in a Perfectly Competitive Market, firms will have to start producing at a lower Quantity to manage their Marginal cost. This leads to Economic losses on their part in the short run.
In the long run however, should the situation remain the same, the new price would be less than their Average Cost which would deepen Economic losses. Firms would respond by exiting the market in the long run.
As the firms exit, the supply curve shifts left as supply drops. This drop in supply leads to a price rise. The exits will continue until enough firms leave that the market's remaining firms will stop suffering economic losses.
Answer:
the demand curve is a graphical representation depicting the relationship between a commodity different price levels and quantities which consumer and willing to buy it is derived from a demand schedule which is the stability of the price and quantity pure that comprise the
