Which of the following statements is true of nonmarket activities of businesses from the perspective of the public?

Question

Quizplus · Accepted Answer

Nonmarket activities refer to the actions of businesses that are not directly related to buying and selling goods or services in the market, such as lobbying, public relations, and corporate social responsibility. These activities can involve the manipulation or misrepresentation of information to influence public opinion or government policy, which can be detrimental to the public's interests. Therefore, statement A is true, while statements B, C, and D are not necessarily true.

Which of the Following Statements Is True of Nonmarket Activities