Multiple Choice
Not-for-profit organizations
A) are content with small profits, whereas business firms want large profits.
B) are more important than business firms in the Canadian economy.
C) use the funds from government grants or from the sale of goods or services to provide service to the public.
D) sell only services, not goods.
E) are not allowed to operate in the manufacturing sector.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Describe monopolistic competition in terms of the
Q19: Expert Electronics sells state-of-the-art desktop computer systems.
Q20: A producer of automobile batteries notes that
Q21: Command economies are most likely to be
Q22: What does the demand curve show?
Q24: The key difference between economic systems is
Q25: Socialist economies may stifle economic growth because<br>A)
Q26: The law of supply states that<br>A) buyers
Q27: When individual firms are small and the
Q28: Which of the following is correct with