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What is one of the key responsibilities of businesses regarding factors of production?
  • a)
    To avoid using technology in production
  • b)
    To maximize profits at all costs
  • c)
    To ignore environmental impacts
  • d)
    To ensure fair treatment and safe conditions for workers
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is one of the key responsibilities of businesses regarding factor...
Businesses have a responsibility to treat workers fairly and to ensure safe working conditions. This includes providing adequate training and adhering to labor laws. By doing so, they not only comply with regulations but also contribute to a more sustainable and ethical business environment, fostering loyalty and productivity among employees.
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