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Ch1.mult choice - MULTIPLE CHOICE 1 Which of the following...

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MULTIPLE CHOICE 1. Which of the following actions is consistent with social responsibility but is necessarily inconsistent with stockholder wealth maximization? a. Investing in a smokestack "scrubber" to reduce the firm's air pollution as mandated by law. b. Voluntarily installing expensive machinery to treat effluent discharge which is currently being dumped into a river where it is ruining the drinking water of the community where the plant is located. c. Investing in a smokestack filter to reduce sulphur-dioxide emissions in order to reduce the current tax being levied on the firm by the state for its pollution. d. Making a large corporate donation to the local community in order to fund a recreation complex which will be used by the community and the firm's employees. e. Each of the actions above is consistent with social responsibility and none is necessarily inconsistent with stockholder wealth maximization. 2. Which of the following statements is most correct? 3. Which of the following statements is most correct?
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