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Firms are institutions that organise​ _____ of goods and services.

User Theophilus
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1 Answer

5 votes

Answer:

The correct word for the blank space is: the production.

Step-by-step explanation:

A firm is a business or organization that produces goods or services on a for-profit basis. While the term is typically related to law firms, it applies to an array of entities. For example, a firm can be a corporation which is a legal entity that is separate from its owners and enjoys the right to entering contracts, loan, and borrow money or conduct other business.