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Local craftsmen form a voluntary association, pooling resources and engaging in other cooperative behaviors to increase sales of their products. This scenario is an example of a(1 point)
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service cooperative.
service cooperative.
producer cooperative.
producer cooperative.
franchise.
franchise.
consumer cooperative.
consumer cooperative.
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producer cooperative.
Explanation: Craftsmen are producers who pool resources and cooperate to market and sell their products, which is the function of a producer (or marketing) cooperative.
Explanation: Craftsmen are producers who pool resources and cooperate to market and sell their products, which is the function of a producer (or marketing) cooperative.
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