The ___________ responsibilities of business are to produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors.

Question

Quizplus · Accepted Answer

The economic responsibilities of business refer to its obligation to produce goods and services that consumers want and are willing to pay for. The main goal is to make a profit and satisfy the obligations to investors by setting a price that ensures the sustainability of the business. This is the most basic responsibility of any business.

The ___________ Responsibilities of Business Are to Produce Goods and Services