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Sagot :
If Cody had researched the survival rate of small businesses, he would have found that C. 80% of small businesses survive their first year of existence.
Research has shown that:
- 20% of small businesses end up failing in their first year.
- 50% of small businesses will have failed by the fifth year.
If 20% of small businesses fail in their first year, it means that the percentage that will survive is:
= 100% - 20%
= 80%.
80% would survive first year.
In conclusion, option C is correct.
Find out more on business survival at https://brainly.com/question/12206529.
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