The major difference between the for-profit and the not-for-profit organizational form is:

a. patients receive higher quality of care in not-for-profit hospitals.
b. shareholders receive higher return on their investment in a not-for-profit environment.
c. primarily the ability to transfer assets.
d. for-profit hospitals do not provide charity care.
e. the absence of a profit motive in the not-for-profit environment.

c. primarily the ability to transfer assets.

Economics

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The term "saving" is a flow concept while the term "savings" is a stock concept

a. True b. False Indicate whether the statement is true or false

Economics

Will's Franks originally sold hotdogs and soft drinks from a cart located in front of City Hall. Then Will purchased another hotdog cart and hired someone to sell hotdogs and soft drinks near the high school. Both locations have been successful. When

Will's Franks expanded to two locations, which of the following did NOT occur? A) Will's production function changed. B) Production increased. C) The company increased the inputs it employs. D) The firm employed additional capital.

Economics