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Which of the Following Represents the View of Milton Friedman

Question 34

Multiple Choice

Which of the following represents the view of Milton Friedman on the social responsibility of a business?


A) The responsibility of a business is to donate its private wealth to do good for the society which provides the resources to it.
B) The responsibility of a business is to provide low-priced products to its consumers.
C) The responsibility of a business is to maximize the return of the shareholder's investment by employing any measure that increases profits.
D) The responsibility of a business is to use its resources, and engage in activities that are designed to increase its profits so long as it stays within the rules of the game.

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