A producing sector classification for grouping goods, services, and the firms that produce them:
A) is broader than an industry classification.
B) is narrower than an industry classification.
C) includes the same number of firms as an industry classification, but arranges the firms differently.
D) may be broader or narrower than an industry classification, depending upon the types of products classified.
Correct Answer:
Verified
Q1: Of the classification systems listed below for
Q2: Producing sectors are:
A) groupings of firms by
Q4: Which of the following statements is FALSE?
A)
Q5: Each of the following would be in
Q6: Which of the following is NOT a
Q7: Over most of the twentieth century, the
Q8: In 1989, the dominant producing sector in
Q9: In terms of the amount of output
Q10: Firms are grouped into the same industry
Q11: Industries are groups of firms that:
A) buy
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents