Organization and Management Problems of Cooperative Oil Associations in Minnesota (Classic Reprint) - Hardcover

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Excerpt from Organization and Management Problems of Cooperative Oil Associations in Minnesota<br/><br/>Cooperative oil associations follow the general price policy of other bulk and service stations.7 They attempt to sell at prevailing prices. Moreover, no discrimination is made in price or in service to members and nonmembers. Any savings that remain after allo ance has been made for reserves and interest on capital stock are returned to patrons (members and nonmembers) as patronage dividends. There is, therefore, no incentive for the associations to sell at a lower price than their competitors.

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