True or false? Nonprofit colleges must be operating relatively efficiently. Otherwise for-profit colleges would force existing colleges

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True or false? Nonprofit colleges must be operating relatively efficiently. Otherwise for-profit colleges would force existing colleges out of business. Why?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:00 AM

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True or false? Nonprofit colleges must be operating relatively efficiently. Otherwise for-profit colleges would force existing colleges

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Efficiency of Nonprofit Colleges Nonprofit colleges are not necessarily operating relatively efficiently as their primary goal is not to maximize prof...View the full answer

Microeconomics

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