What is Corporate Social Responsibility? How does the Firm act?

-This is where Firms are aiming to Benefit Society, as well as making a Supernormal Profit. This is their only difference to an NPO -Firms may aim to Protect the Environment via Sustainable Resources, Support local Firms by using their Suppliers, or pay their Workers above the Market Rate -Consumers, seeing the Ethical Firm, may buy from them despite the Higher Price