Identify (by letter) each of the following characteristics as being an advantage or a disadvantage of the corporate form of business or not applicable to the corporate form of business organization.
A = Advantage
D = Disadvantage
N = Not Applicable
Characteristics 
Definitions:
Marginal Product
The additional output generated by employing one more unit of a specific factor of production, keeping other factors constant.
Perfectly Competitive
A market structure where there are many sellers and buyers, products are homogeneous, and there is free entry and exit, leading to efficient outcomes and zero economic profits in the long run.
Corn Farmer
An individual or entity engaged in the cultivation of corn as a crop for various uses, such as food, feed, and biofuel.
Marginal Cost
The cost of producing one additional unit of a product, a key concept in economic theory that helps firms optimize production and pricing strategies.
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