Some economists believe that if companies address economic and legal issues, they are satisfying the demands of society, and that trying to anticipate and meet additional needs would be almost impossible. Which economist's theory are they following most closely with this belief?

Question

Quizplus · Accepted Answer

Milton Friedman argued that the primary responsibility of a business is to maximize profits while adhering to the law, suggesting that addressing broader societal needs beyond economic and legal obligations is not the role of businesses.

Some Economists Believe That If Companies Address Economic and Legal