b. One of the most basic assumptions of Economics is that individuals make decisions rationally so as to maximize their self-interest. How does this concept help understand each of the following elements of NFP’s:
i. People often work for NFP’s (particularly charities) at incomes lower than the open market.
ii. Individuals make charitable contributions to NFP’s even though they do not receive a 100% tax break for the gifts.
iii. Many people provide numerous hours of volunteer help to many NFP’s.
1
Expert's answer
2013-10-08T06:44:47-0400
Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we'll assist you.
Comments
Leave a comment