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. Managers are agents of shareholders. Free markets are perfectly efficient. The primary goal of society should be individual freedom. Maximizing profits does not impact societal welfare

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