As the Economy Improves, Probably Returning Ultimately to a Higher

question 1

Multiple Choice

As the economy improves, probably returning ultimately to a higher level of prosperity, pressures for nonprofits to collaborate and merge:

• A) will likely start to fall.
• B) are not likely to abate.
• C) will likely skyrocket.
• D) will likely force many nonprofits to seek government bailouts.

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Definitions:

Market Equilibrium

A market scenario in which the equilibrium between demand and supply results in stable prices.

Incentive

Anything that offers rewards to people to change their behavior.

Quantity Demanded

The aggregate quantity of a product or service that buyers are prepared and capable of buying at a certain price.

Quantity Supplied

The quantity of a product that sellers are prepared and capable of offering for sale at a certain price during a defined timeframe.