What Is the Correct Term for an Organization Formed by Individuals

question 52

Multiple Choice

What is the correct term for an organization formed by individuals who usually pool their resources to market products?

• A)A cooperative
• B)A consortium
• C)A corporation
• D)An enterprise
• E)A universe

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Definitions:

Demand For Investment

The desire or willingness of individuals or businesses to allocate resources towards new capital or projects expecting future returns.

Money Supply Curve

A graphical representation of the relationship between the money supply and the interest rate in an economy.

Excess Supply

A situation where the quantity of a good or service supplied is more than the quantity demanded at the current price.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets over a specific period of time.