Question

The primary responsibility of a business is to produce goods and services that society want
and sell them at a profit is called​

Answer 1

Answer:

(a) Economic responsibility: Business enterprises are economic units that exist to make profits. Therefore, it is the responsibility of every business enterprise to undertake economic activities such as producing goods and services according to the needs and wants of consumers and selling them at reasonable prices.

Answer 2

Answer:

Economic responsibility: Business enterprises are economic units that exist to make profits. Therefore, it is the responsibility of every business enterprise to undertake economic activities such as producing goods and services according to the needs and wants of consumers and selling them at reasonable prices.

Explanation:

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