Under the maximizing profits theory of the social responsibility of business,a business should never voluntarily reduce its prices.

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According to the maximizing profits theory, a business should always aim to increase profits, but this does not mean that it should never voluntarily reduce its prices. In some cases, reducing prices may lead to increased sales and ultimately higher profits. In situations where a business faces competition, reducing prices may also be necessary to remain competitive in the market.

Under the Maximizing Profits Theory of the Social Responsibility of Business,a