WAEC Economics 2018 Question 29

Question 29

Business Organisations

An industry is described as a group of firms

  1. A.that provides jobs for many people.
  2. B.which uses advance technology in production.
  3. C.which produces similar products.
  4. D.that provides jobs for few people.
Show the answer and explanation

Answer: C (which produces similar products.)

Explanation

An industry is all firms making similar products.