The______ states that firms should use their resources and engage in activities designed to increase their profits so long as they abide by the law of the land

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The Friedman doctrine, proposed by economist Milton Friedman, posits that the primary responsibility of a business is to its shareholders and that the business should focus on profit maximization within the legal framework, hence the reference to abiding by the law of the land.

The______ States That Firms Should Use Their Resources and Engage