Behavior is influenced by the economic principles of supply

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1. When you are shopping for clothing, explain how your purchasing behavior is influenced by the economic principles of supply, demand, factors of production, prices, and opportunity costs.

2. For profit companies and nonprofit organizations have different structural requirements and different ways of operating. Discuss FOUR of the following differences between nonprofits and for-profits: reason for being, ownership, sources of funds, staffing, marketing, accounting, Boards of Directors. NOTE: you can make a grid to compare them.

Reference no: EM132299604

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