Non-profit organizations may
a. issue stock.
b. provide goods and services to members.
c. pay income taxes.
d. pay dividends.
Ans: b. provide goods and services to members.
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The Stogie Shop, a cigar store in the mall, sells hand-rolled cigars for $10.00 and machine-made cigars for $2.50 each. What is the opportunity cost of buying a hand-rolled cigar?
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