Author Question: What do cooperative firms do if they make a profit? A) Cooperatives never earn profits, so this ... (Read 55 times)

stephzh · **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