Which Form of Business Organization Is the Least Common in the United

question 166

Multiple Choice

Which form of business organization is the least common in the United States?

• A)sole proprietorship
• B)partnership
• C)corporation
• D)nonprofit organization
• E)conglomerate

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Definitions:

Investment Return

Investment return is the gain or loss on an investment over a specified time period, typically expressed as a percentage of the investment's initial cost.

Customer Acquisition Cost

the total cost associated with acquiring a new customer, including marketing and sales spending.

Marginal Cost

The expenditure involved in creating one more unit of a product or service.

Average Cost

The total cost of production divided by the number of units produced, reflecting the average expense per unit.