Question

industrial economics is a term for........as applied to industries
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Answer 1

Answer:

economics industry

Explanation:

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Answer 2

Answer:

The correct answer is

The study of firms , industries and markets.

Explanation:

• The industrial economy concerns those activities combining factors of production (facilities, supplies, work, knowledge) to provide material goods intended for the market. it's at firms of all sizes – from local corner shops to multinational giants like WalMart or Tesco

• A distinction is sometimes made between manufacturing industry and extraction industries, but the precise perimeter of industry in each statistical operation is given by the list of the items taken into account within the economic classification to which the operation.

• Industrial Economics also gives intrusion into how firms organize their activities, as well as considering their motivation. Industrial Economists are also highly employable.

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