In terms of total sales, the dominant form of business firm in the U.S.economy is the
A)corporation
B)sole proprietorship
C)partnership
D)nonprofit organization
E)limited partnership corporation

Question

Quizplus · Accepted Answer

Corporations dominate the list of the largest and most profitable companies in the U.S. economy. They are able to raise large amounts of capital through the issuance of stocks and bonds, which allows them to invest in research and development, expand their businesses, and acquire other companies. As a result, they often have higher sales and profits compared to sole proprietorships, partnerships, and nonprofit organizations.

In Terms of Total Sales, the Dominant Form of Business