An industry is best described as
ECONOMICS
WAEC 2015
An industry is best described as
- A. firm that sells a set of closely related commodities
- B. a factory that produces different lines of product
- C. a group of firms that sells a closely related set of products
- D. industrial concern that is into production and selling of goods
Correct Answer: D. industrial concern that is into production and selling of goods
Explanation
An industry; economic activity concerned with the processing of raw materials and manufacture of goods in factories.
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