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Author Question: What do cooperative firms do if they make a profit? A) Cooperatives never earn profits, so this ... (Read 47 times)

stephzh

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on: Jul 1, 2018
What do cooperative firms do if they make a profit?
 
  A) Cooperatives never earn profits, so this issue does not occur.
  B) Cooperatives must pay their profits to the federal governments as a windfall profit tax.
  C) Cooperatives must keep half of the profits and return the other half to their members.
  D) Cooperatives generally return the profits to their members as a dividend.

Question 2

Given the information in Figure 14.4, the monopoly wage rate is:
 
  A) W1.
  B) W2.
  C) W3.
  D) W4.
  E) none of the above


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prumorgan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


stephzh

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

sarah_brady415

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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