Why does Friedman think it is wrong for a company to spend money to reduce pollution beyond what is required by law or in the best interest of the company.

Question 1 options:

	Because he thinks nothing is wrong with pollution.
	Because he thinks that in this case the manager would be spending someone else's money.
	Because he thinks the consequences will be bad, since the corporate manager is not trained to make assessments about environmental impacts.
	Both 2 and 3

Question 2 (Mandatory) (1 point)

According to Milton Freidman, business managers' key aim is to?

Question 2 options:

	Increase profits
	Ensure safe and reliable products
	Contribute to the communities within which they operate
	Pay their taxes

Question 3 (Mandatory) (1 point)

According to Milton Freidman, the main role of the corporate executive is?

Question 3 options:

	To operate the business in a manner reflecting his/her ideals
	To be the public face of the business
	To be an agent of the individuals who own the corporation (stockholders)
	To earn as much money for him/herself as possible

Question 4 (Mandatory) (1 point)

Milton Friedman would agree with Adam Smith's famous line: "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest."

Question 4 options:

	True
	False

Question 5 (Mandatory) (1 point)

A corporation's profits increases if the corporation sells more products. If the corporation sells more products, more consumers will enjoy the benefits of consuming the products they purchased. If more consumers enjoy the products, the overall utility of society improves. From this, which of the following statements may be true

Question 5 options:

	Increased profits suggest improvements to the overall utility of society.
	Increased profits suggest a declining economy
	If an executive increases the profits of the company, he/she is doing harmto society by increasing pollution.
	1 & 3