6
QuizMultiple Choice

Business Structures

Question 6 • * HSA 26-27 Economics

Cooperatives save members money by

Answer
p
purchasing supplies and services as a group.
s
securing financing from banks as a group.
c
charging more to sell their products as a group.
s
sharing all profits democratically as a group.

Explanation

Cooperatives can reduce costs by combining members’ buying power to purchase supplies and services in bulk or at negotiated prices. This makes “purchasing supplies and services as a group” the correct choice. Sharing profits democratically is about how a cooperative distributes earnings, not the main way it saves members money.

AI-written and checked against the verified answer.

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