Economics

firm must show that it is profitable

marginal cost must be equal to average revenue

marginal revenue curve is above the average revenue curve

marginal cost curve cuts the marginal revenue curve from below

assist producers to maximize their profits

encourage thrift and credit among members

promote and maintain the welfare of members

break the monopolies of private companies

unlimited liability

limited liability

lack of continuity when a shareholder dies

limited control in management by shareholders

providing research facilities

purchasing raw materials

designing the product

breaking the bulk

grant credit to the wholesaler

break bulk and sell products in small units

reduce cost of distribution

generate demand for products through advertisement