In economics, an organization that produces a good or service is called aGroup of answer choicesfirm.company.business.All of these are correct.
Question
In economics, an organization that produces a good or service is called aGroup of answer choicesfirm.company.business.All of these are correct.
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Solution 1
To answer the question step by step:
- Identify the key term in the question: "an organization that produces a good or service."
- Consider the provided answer choices: firm, company, business, and "All of these are correct."
- Evaluate each term:
- A "firm" is an economic unit that produces Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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