Some businesses are not organized to maximize profits. Instead their goals are to work for the good of all their members or to work for the good of society in general. What types of businesses is this passage describing?

Who would benefit more from a purely competitive market structure, producers or consumers? Explain.

Why could the market structure for orange juice never be a monopoly?

Suppose that a firm seeks to enter a market, but it quickly realizes that its employees do not have the technical skills needed for the firm to compete in that market.  What do economists call the factor that is keeping this firm out of that market?

Purely competitive markets are

What substance is produced by the liver to assist in fat digestion?

Who would benefit more from a purely competitive market structure, producers or consumers? Explain.

Why could the market structure for orange juice never be a monopoly?

What is the main purpose of the large intestine?

Which of the following diseases is characterized by an overreaction of the immune system?