The text makes the point that due to competitive pressures and the continuing need of firms to attract capital,most socially beneficial but cost increasing actions will have to be made mandatory by government.

Question

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The text suggests that despite their social benefits, actions that increase costs may not be undertaken by firms unless they are made mandatory by the government due to competitive pressures and the need to attract capital. Therefore, it is clear that the text implies that most socially beneficial but cost-increasing actions will have to be made mandatory by the government.

The Text Makes the Point That Due to Competitive Pressures