Which statement best describes the most significant difference between a for$-$profit organization or or busininess fim and a

nonprofit organization?

Nonprofit organizations do not carry on economic activities while business fimms do$.$

Nonprofit organizations are concerned with social issues and business fims are not.

Business firms earn a profit each year while nonprofits operate at a deficit annually.

Both serve customers, but business firms seek a profit while nonprofit organizations do onot.

Nonprofit organizations are publicly owned and business ifms are privately owned.