Any group of firms producing similar or related goods make up an ___

industry

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manufacturing unit

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business

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All of the above

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Solution

The correct option is A
industry

Any group of firms producing similar or related goods make up an industry. For example, cotton textile industry refers to all the manufacturing units producing textile goods from cotton.

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Similar questions

Consider the following statements in regard to National Business Register :

Which of the above statements is/are correct?

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