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28 October, 19:55

Cooperatives save members money by

A. purchasing supplies and services as a group.

B. securing financing from banks as a group.

C. charging more to sell their products as a group.

D. sharing all profits democratically as a group.

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  1. 28 October, 20:18
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    Cooperatives save members money by D) sharing all profits democratically as a group.

    Those who join a co-op agree to operate together with one another for the sake of mutual benefit. For instance, in a farmer's co-op (also called an agricultural co-op), participating growers pool together to market their products as a group and share equally in any profits. They may also purchase supplies and services as a group, but that's not the primary reason for forming their cooperative venture as a group.
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