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An industry is best described as

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Economics WAEC 2015

An industry is best described as 

  • firm that sells a set of closely related commodities
  • a factory that produces different lines of product
  • a group of firms that sells a closely related set of products
  • industrial concern that is into production and selling of goods checkmark

The correct answer is: D

Explanation

An industry; economic activity concerned with the processing of raw materials and manufacture of goods in factories.

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