Which of the following is a characteristic that distinguishes the pricing decisions of nonprofit organizations from those of profit organizations?
a.
Their services are paid for by people who are better off financially.
b.
Their services are priced higher than the costs incurred.
c.
Consumers are charged a monetary price but instead must absorb monetary costs.
d.
Indirect payment is not a common practice in nonprofit organizations.
Answer: a.
Their services are paid for by people who are better off financially.