What is the function of a purchasing cooperative, or co-op?

Cooperatives are utilized by individuals to market and process their ranch developed products, and centers regularly increase the value of the crude wares. Cooperatives regularly have marked items and a few cooperatives perform two or the majority of the elements of acquiring, promoting, and benefit in the interest of their individuals.

D.) Andy is a household providing a productive resource to one firm and receiving a service from another firm

Explanation: In the context above, Andy is an household in the fast food restaurant, as he provides labor needed for the running of the fast food firm which inturn provides goods and services to its consumers. Labor provided by Andy is a productive resource which is required by the first food firm for efficient functioning and product. Other productive resources may also include capital and land. From Andy's income, he buys ticket to a rock concert where he now becomes the receiver of another firm's services.