This scenario is an example of a producer cooperative. Producer cooperatives are formed by individuals or businesses that produce similar goods and want to maximize their profitability through collective efforts.
Franchises and Nonprofit Organizations Quick Check2 of 52 of 5 ItemsQuestionLocal 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)Responsesconsumer cooperative.consumer cooperative.producer cooperative.producer cooperative.franchise.franchise.service cooperative.
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