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Questions and Answers
What is the primary benefit of agricultural cooperatives?
What is the primary benefit of agricultural cooperatives?
- Direct sales to consumers for higher profits
- Adding value to basic farm products through processing and packaging (correct)
- Reducing the need for specialized farming and ranching
- Eliminating the need for advertising and distribution
Why is it rare for an individual producer to handle all activities associated with their commodities?
Why is it rare for an individual producer to handle all activities associated with their commodities?
- The activities are not profitable for individual producers
- Government regulations prohibit individual handling
- Individual producers lack the motivation to handle all activities
- The activities require specialized skills and resources (correct)
What adds value to basic farm products in the context of agricultural cooperatives?
What adds value to basic farm products in the context of agricultural cooperatives?
- Minimizing advertising efforts
- Direct selling to consumers
- Reducing production costs
- Processing and packaging (correct)
What is the role of agricultural cooperatives in the distribution of commodities?
What is the role of agricultural cooperatives in the distribution of commodities?
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Why do agricultural producers participate in cooperatives for handling and distribution?
Why do agricultural producers participate in cooperatives for handling and distribution?
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