Question

what is the difference between industry and firm ¿​

Answer 1

Answer:

The difference between the two is that firms make up industries.

The difference between the two is that firms make up industries. An industry is not a discrete entity, but a firm is. Finally, an industry is a subsector of a country's economy

hope so it is helpful to u

Answer 2

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The main difference between Firm and Industry is that the Firm is a organization involved in the trade of goods, services, or both to customers for pay and Industry is a production of goods or service of a given field within an economy.