Quiz 3 - Free Market Theory- Requires Respondus LockDown Browser Started: Feb 1

Question

Quiz 3 - Free Market Theory- Requires Respondus LockDown Browser Started: Feb 1 at 9:29am Quiz Instructions D Question 2 1 pts Which of the following IS NOT one of Friedman's beliefs? Because one is compensated to be an agent of the company, one must act in accordance to how the company wants you to act, which is to make money for its investors Because you are spending other people's money (the investors), you must make decisions that are consistent with maximizing their Because companies are social entities, business decisions must take into consideration the well-being of society as a whole. To act in a way that is not consistent with the interests of the shareholders, but instead to some higher social cause is an unfair tax against a company O Only people can have responsibilities, and a company is not a real person. Next No new data to save. Last checked at 9:30am Submit Quiz

Explanation / Answer

A TRUE As it will increase profits B TRUE Investor profit C FALSE As profit is the only motive D TRUE E TRUE

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.