Which of the following statements is inconsistent with Milton Friedman's argument regarding the responsibility of a firm?
A) The only social responsibility of business is to make profits.
B) Profit maximization is the primary purpose of business.
C) Free and open competition is beneficial to business.
D) Labour leaders' only responsibility is to serve the interests of their unions.
E) All of the answers are consistent with his position.
Correct Answer:
Verified
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