Role of Profit and Social Responsibility in a Market based Economy

This is MBA –  Managerial Economics for global management course.

This textbook you may need:

Paul Farnham. (2014). Economics for Managers, 3rd Edition.  Upper Saddle River, NJ: Pearson Education. 

Deliver:

1. Read the case “Are Profits the Only Business of Business” by Robert Almeder and Milton Friedman.

2. Answer the Any 2 questions under the attachment. (See ” ECO Week 1 case questions“)

3. 2 pages required. APA format.

Ebook concepts are under the attachment  ” ECO Week 1 case questions“. 

Use ebook  for references. Outside reference is ok, too

This is graduate students level paper. Please write your answers professional. 

Be specific. Do not write too general. 

Thank you. 

Original work. NO Plagiarism. It must be upload to the Turnitin website.

2 Attachments

Eco_week_1_case_questions Friedmanarticle

Answer Preview

Businesses and corporates are separate legal persons from the persons who formed them. They are treated as separate legal entities hence separated from the shareholders. Business executives are agents appointed…

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