Milton friedman’s famous maxim, paraphrased: the social responsibility of business is to?

make a profit

Explanation: According to Milton Friedman, a famous economist, a business' main responsibility is to make a profit. This 1970 statement is still widely debatable today. He further goes on to say that a business prioritises its existing shareholders above other stakeholders. He is thus claiming that the aim of any business is to maximise returns for shareholders. Once their needs of profit maximisation are met, then the shareholders can then decide which social initiatives to involve themselves in, instead of hiring someone specifically in charge of deciding this for them.

this business is a price setter.

hope this

correct, but each time you dont pay the price of the penalty can increase.