The profit-maximizing view of economic responsibility is advocated by _____.
A) Milton Friedman
B) Arthur Anderson
C) Donald Trump
D) Warren Buffett
E) Steve Jobs

Question

Quizplus · Accepted Answer

The profit-maximizing view of economic responsibility is often associated with Milton Friedman, who believed that the sole responsibility of a business is to maximize profits for its shareholders. This view prioritizes the financial bottom line over social and environmental concerns.

The Profit-Maximizing View of Economic Responsibility Is Advocated by _____