Describe the role of franchises and nonprofit organizations in market economies., explain labor markets, how they work, and their impact on the United States economy, explain how supply of and demand for labor affect wages, and understand the connection between wages and skill levels. Describe the role of labor unions in market economies.

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Describe the role of franchises and nonprofit organizations in market economies., explain labor markets, how they work, and their impact on the United States economy, explain how supply of and demand for labor affect wages, and understand the connection between wages and skill levels. Describe the role of labor unions in market economies.

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A nonprofit association, otherwise called a non-business element, not-revenue driven association, or nonprofit foundation, is a lawful substance coordinated and worked for an aggregate, public or social advantage, interestingly, with an element that works as a business intending to produce a benefit for its proprietors

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