Cooperatives can increase profits for its producer-members and lower costs
for its consumer-members.
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Name: Cooperatives can increase profits for its producer-members and lower costs for its consumer-members. (
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Question

Quizplus · Accepted Answer

Cooperatives are designed to benefit both the producers and consumers involved. By pooling resources and sharing services, cooperatives can increase efficiencies and lower costs, ultimately resulting in increased profits for producers and lower prices for consumers.

Cooperatives Can Increase Profits for Its Producer-Members and Lower Costs