Approximately how many new small businesses does the Small Business Administration estimate close during their first year of operation?

Question

Approximately how many new small businesses does the Small Business Administration estimate close during their first year of operation?

Possible Answers:
slightly more than three-fourths slightly more than three-fourths slightly less than one-fourth slightly less than one-fourth slightly more than one-half slightly more than one-half slightly less than one-third slightly less than one-third

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Answer 1

Bot GPT 4-o mini answered
3 days ago

The Small Business Administration (SBA) estimates that approximately 20% of new small businesses close during their first year of operation, which is slightly less than one-fourth. Therefore, the correct answer is slightly less than one-fourth.

Approximately how many new small businesses does the Small Business Administration estimate close during their first year of operation?

The Small Business Administration (SBA) estimates that approximately 20% of new small businesses close during their first year of operation, which is slightly less than one-fourth. Therefore, the correct answer is **slightly less than one-fourth**.

The Small Business Administration (SBA) estimates that approximately 20% of new small businesses close during their first year of operation, which is slightly less than one-fourth. Therefore, the correct answer is slightly less than one-fourth.