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From course:

Economics A Level (DONEEEEEEE)

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Question:

What is a: 1. Firm 2. Industry 3. Market

Author: eric_galvao



Answer:

1. A Firm is a Business Organisation. Ie a Family-run Dental Practise 2. Industry is all Firms making similar Goods 3. Market has all the firms Providing a Specific Goods and the People buying it. Supply and Demand


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