The responsibility of companies to take into account the social…

Question Answered step-by-step The responsibility of companies to take into account the social… The responsibility of companies to take into account the social consequences of their actions is called social responsibility.Select one:TrueFalse At equilibrium an item is selling for $30 a unit. At this price, consumers demand 100 units. If the government imposes an Ad valorem tax of 5% the equilibrium quantity demanded and supplied will fall to 90 units and the price will rise to $31. How much of the tax is forward shifted (paid by consumer) When a government imposes an import quota:      Select one:a.       Domestic prices of local goods decrease.   b.       Government pays suppliers subsidy.   c.       Consumers gain from lower prices of imported goods.   d.       Domestic producers gain.    Business Economics Macroeconomics MB 912 Share QuestionEmailCopy link Comments (0)