When you are shopping for textbooks and class supplies, explain how your purchasing behavior is influenced by all of the 5 economic principles of supply, demand, factors of production, prices, and opportunity costs.

4. For profit companies and nonprofit organizations have distinct rules about ownership, rules about accounting, and rules about having a Boards of Directors. They also have different reasons for existing, use marketing differently and have different staffing models. Discuss FOUR of the above differences between nonprofits and for-profits. NOTE: you can make a grid to show the distinctions between them if you like.