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Author Question: Which of the following represents the view of Milton Friedman on the social responsibility of a ... (Read 167 times)

torybrooks

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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.

Question 2

When depicting a higher-dimensional object in lower-dimensional space,
 a. this is immediately apparent when one looks at the resultant map
  b. severe distortion is possible
  c. external information cannot be overlain on the resultant map
  d. a perfectly accurate rendering results



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missalyssa26

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Answer to Question 1

D

Answer to Question 2

B
Whenever one tries to depict a higher-dimensional object in a lower-dimensional space, one is allowing for the possibility of distortion, sometimes severely so.




torybrooks

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


atrochim

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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