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)

Question

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)
Responses

producer cooperative.
producer cooperative.

service cooperative.
service cooperative.

franchise.
franchise.

consumer cooperative.

GPT-4o mini · Answer

This scenario is an example of a **producer cooperative**.