18
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 18 • $2526: Full: 2102320: Economics HONORS: NEW CREDIT

Which of these is not a main advantage for a business joining a cooperative?

Answer
A
Lower costs for purchasing supplies
B
Pooling products for better selling prices
C
Sharing costs for needed services
D
Having a larger vote than smaller companies

Explanation

Cooperatives let businesses work together to reduce purchasing costs, combine products to negotiate better selling prices, and share the costs of services. A cooperative generally uses democratic member control, often one member, one vote, rather than giving larger companies a larger vote. Therefore, having a larger vote than smaller companies is not a main advantage.

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