A group of firms that produce the same or similar products is:

Name: A group of firms that produce the same or similar products is:
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Question

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An industry refers to a group of firms that produce the same or similar products. A plant refers to a physical location where production occurs within a firm. A partnership refers to a business structure where two or more individuals own and manage a company together. A multiplant firm refers to a company that operates multiple production facilities.

A Group of Firms That Produce the Same or Similar