Ford,GM,and Toyota,all develop automobiles.This group create a(n):

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Quizplus · Accepted Answer

An industry refers to a group of companies that produce similar products or offer similar services. In this case, Ford, GM, and Toyota are all involved in the production and sale of automobiles, making them part of the same industry. The other options do not accurately describe this group - a product market refers to the specific segment of the market in which a particular product is sold, a conglomerate is a company that owns multiple unrelated businesses, and a cartel is a group of companies that work together to control prices and reduce competition.

Ford,GM,and Toyota,all Develop Automobiles.This Group Create A(n)