Ronald McDonald Houses is an example of
A) altruistic corporate social responsibility.
B) reduction in shareholder value.
C) vertical integration.
D) strategic corporate social responsibility.
D
Economics
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The short-run average total cost, average variable cost, and marginal cost curves are all U-shaped because of
i. constant total fixed cost. ii. increasing and then decreasing marginal returns as more labor is hired. iii. economies and diseconomies of scale as the plant size increases. A) only i B) only ii C) i and iii D) ii and iii E) i, ii, and iii
Economics