Question

How do consumer cooperatives increase consumption capabilities and purchasing power of members?

The 501(c)(3) tax code allows consumer cooperatives to receive discounts on their purchases of goods

Consumer cooperatives are capable of generating a profit which can then be distributed to their members, thus providing members with additional income to increase their consumption capabilities and purchasing
power.

Consumer cooperatives offer loans to their members at better rates, which then allows the members
greater access to financial resources to increase their consumption and purchasing power.

Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.

Answer 1

Answer:

D

Explanation:

Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods and book, the cost of acquiring these goods is reduced from numbers compared to the normal cost that an individual with face when purchasing a product.

Answer 2

Cooperatives increase consumption capabilities by pooling their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.

What is Consumer cooperative?

It includes group of people usually more than 10 coming together to pull their resources together.

As a group goods and services are easy to purchase in bulk and at a discount rate.

Therefore, Cooperatives increase consumption capabilities by pooling their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.

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