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What Did Milton Friedman Argue in His Seminal 1970 Article

Question 6

Multiple Choice

What did Milton Friedman argue in his seminal 1970 article published in The New York Times Magazine?


A) Profit, although important, should not be the primary focus of firms.
B) Firms have a duty to pay their employees a living wage.
C) Profit, as a result of the actions of the firm, is an end in itself.
D) Firms do not provide value to society unless they are acting in a socially responsible manner.

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