Question: Select all that apply Milton Friedman's conclusion that the primary objective of the firm is to maximize profit rests on which three fundamental assumptions? Multiple

Select all that apply Milton Friedman's conclusion that the primary objective of the firm is to maximize profit rests on which three fundamental assumptions? Multiple select question. Free markets are perfectly efficient. Maximizing profits does not impact societal welfare. Managers are agents of shareholders. The primary goal of society should be individual freedom

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