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Author Question: Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT: a. maximize ... (Read 84 times)

naturalchemist

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on: Jul 1, 2018
Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT:
 a. maximize total costs
  b. maximize output, subject to a breakeven constraint
  c. maximize the happiness of the administrators of the NFP enterprise
  d. maximize the utility of the contributors
  e. a and c

Question 2

An owner of local salon realized that by decreasing the prices for haircuts, his revenue increased. This implies that
 a. The demand for haircuts is elastic
  b. The demand for haircuts is inelastic
  c. The demand for haircuts is unitary elastic
  d. The demand for haircuts is perfectly elastic


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Cheesycrackers

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


naturalchemist

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Reply 2 on: Jul 1, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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