218k views
0 votes
Which type of cooperative sells merchandise to its members at reduced prices?

consumer

franchise

producer

service

User RBanerjee
by
5.1k points

1 Answer

3 votes

Answer: consumer

A cooperative is a business owned and operated by a group of individuals for their common benefit. There are different kinds of cooperative, but the one that sells merchandise to members at reduced prices is referred to as consumer cooperative.

Service cooperative provides service instead of merchandise while producer cooperative helps members sell their produce. A franchise is not a cooperative.

User Gerard Rozsavolgyi
by
5.7k points