Which type of economic institution works to provide services to a community and does not pay taxes?

A. Bank
B. Market
C. Non-profit
D. Labor union

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
2 hours ago

C. Non-profit

Non-profit organizations are established to provide services to the community and typically do not pay taxes on their income as they are focused on serving a public or community benefit rather than generating profit.