Yes, the term "not-for-profit" doesn't mean those organizations do not aim at maximizing profits. Just they are not distributing the profits to their shareholders or owners but using the profits to achieve the organizations' goals.
different people make different economic decisions
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
The government has to make economic decisions by budget, giving aid, and the government gets their money from taxes.
Government officials and legislatures make economic decisions
The people in the market make these decisions on an individual basis.
different people make different economic decisions
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
gov't
The government has to make economic decisions by budget, giving aid, and the government gets their money from taxes.
Government officials and legislatures make economic decisions
The people in the market make these decisions on an individual basis.
He was known to make rational, economic, and practical decisions.
they have a governer to help make dicisions
to make an answer By:May Cas..
command economy
What to produce
Game theory, particularly the Prisoner's Dilemma, helps in understanding how individuals and organizations make economic decisions by analyzing strategic interactions where the outcomes depend on the choices of all parties involved. In the Prisoner's Dilemma, individuals must decide whether to cooperate or act in their own self-interest, leading to insights on how incentives, trust, and cooperation influence decision-making in economic scenarios.