LSAT 108 | Section 1 | Reading Comprehension: Q19

RC Question 19 Explanation

DISCUSSION: The economists give their full opinions in paragraph three. They think that corporations should always seek profit, and that profit will always benefit the public.

Lines 30-34 are the most important. There, the economists say that a corporation should always maximize profits, even if the law doesn’t force the corporation to maximize profits.

___________

1. Lines 30-34 don’t go this far. The economists say that charitable CEOs should seek profits, but they don’t say that they must.
2. CORRECT. Lines 30-34 support this. These corporations don’t have an obligation to seek profits. But the economists claim that both the corporations and society will be better off if the corporations do seek profits.
3. The economists never say which type of corporation is most likely to be profitable.
4. Actually, the economists think that all corporations will benefit the public if they are profitable (lines 33-34).
5. The economists think that corporations should always maximize profits (lines 30-34).