Consider the following factors regarding an industry 1. Capital investment . 2. Business turnover 3. Labour force
Consider the following factors regarding an industry
1. Capital investment .
2. Business turnover
3. Labour force
4. Power consumption
Which of these determine the nature and size of the industry?
(a) 1, 3 and 4 (b) 1, 2 and 4 (c) 2, 3 and 4 (d) 2 and 3
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(b) Among various factors entrepreneurial skills, availability of finance turnover and power consumption etc. decides the natural and size of an industry.
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