Small Businesses Make Up the Majority of the Competitive Landscape

question 278

Multiple Choice

Small businesses make up the majority of the competitive landscape for most businesses.There are approximately __________ small businesses in the United States.

• A) 17 million
• B) 27 million
• C) 37 million
• D) 50 million
• E) 100 million

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Definitions:

Cross-sectional Data

Data collected from a population or a representative subset at one specific point in time.

Line Chart

A type of chart which displays information as a series of data points connected by straight line segments, often used to visualize trends over time.

Time-series Data

Sequential data points collected or recorded at time-separated intervals.

Horizontal Axis

The x-axis in a chart or graph, which typically represents the independent variable.