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anzhelika [568]
3 years ago
13

Milton Friedman argues that __________.

Business
1 answer:
zzz [600]3 years ago
8 0

Answer:

Milton Friedman argues that <u>a business's only social responsibility is to maximize profits within the rules of the game.</u>

Explanation:

Milton Friedman is known to hold an opposing view when compared to that of John Keynes about economic theory.

Whereas Milton Friedman believes that the utmost responsibility of any company is to the shareholders, the Keynesian are more consumer focused.

Milton Friedman believes strongly in free capitalism and as a result does not advocate for any company offering corporate social responsibility to the society or public.

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Answer:the answer is a market index is a measurement of sections of the stock market

Explanation:

It is computed from the price of selection stock it is a tool used by investors and financial managers to describe the market and to compare the return on specific Investments

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Dairy Wishes, a local ice cream store, finds
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Answer:

d. perfectly elastic.

Explanation:

Demand is perfectly elastic if it at the current price, the product is sold out but if there is a change in price demand falls to zero. the demand curve is horizontal

Demand in perfectly inelastic if there is no change in quantity demanded regardless of the change in price.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

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3 years ago
How gross profit or loss is computed​
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Answer:

Take your gross sales revenue for the accounting period and subtract discounts, allowances and returns. This gives you net sales. Subtract the cost of goods sold from net sales and you get gross profit. In some cases, this might be a gross loss

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3 years ago
Regional economic group is defined as ________.
musickatia [10]

The answer is Regional economic integration

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2 years ago
Your new manager is highly motivational, gives clear directions and timelines, and is quick to point out inefficiencies. They li
FinnZ [79.3K]

When a manager does the above then it is likely that they subscribe to the <u>Theory X </u>leadership philosophy.

<h3>What is the Theory X philosophy?</h3>
  • It believes that workers are lazy and not willing to be responsible for work.
  • Believes that workers need to be constantly motivated to work.

By being highly motivational and giving clear responsibilities so that the workers don't have to think for themselves, this manager most likely believes in Theory X.

Find out more on Theory X at brainly.com/question/25636257.

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