Question

1. Business firm Produce and supply wide varieties of goods and ______ required by the sosiety​

Answer 1

Explanation:

The blanks space might have the answer as (products)...

Answer 2

Answer:

Business firm produce and supply wide varieties of goods and services required by the society​. Therefore, the correct answer would be services.

Explanation:

The firm is a vital institution withinside the functioning of any financial system wherein human beings meet their desires via the department of labor, cooperative production, and the change of products and offerings. As a part of the system, companies serve to supply items and offerings at the market at the marketplace, a vital feature permitting everyone to mix specialization in work with the delight of his or her more than one needs. Firms take the shape of a legal entity with its very own trade name. The heterogeneity of companies in regards to size, the kind of goods and offerings they provide available in the marketplace or the activities and assets they manipulate internally, awakens intellectual interest at the a part of the social sciences in standard and economics in particular.