an industry is described as a group of firms
ECONOMICS
WAEC 2018
an industry is described as a group of firms
- A. that provides jobs for many people
- B. which uses advance technology in production
- C. which produces similar products
- D. that provides jobs for few people
Correct Answer: C. which produces similar products
Explanation
An industry is a group of manufacturers or businesses that produce a particular kind of goods or services.
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