Asked by Kaitlyn Conigliaro on Jun 05, 2024

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Lohmann describes a third category of goods as ______ goods.

A) free
B) common
C) charitable
D) tax-exempt

Charitable Goods

Items donated to or produced by charitable organizations for the purpose of supporting their missions, often distributed to those in need or sold to raise funds.

Tax-exempt

Not subject to tax by federal or local authorities, often applicable to certain organizations, incomes, or properties.

Common

A term indicating something that is usual, typical, or shared among multiple entities.

  • Understand the classification of goods in the context of nonprofit management.
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SA
Shavkat AnorkulovJun 06, 2024
Final Answer :
B
Explanation :
Lohmann describes a third category of goods as common goods, which are non-excludable but rivalrous.