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From Conservapedia - Reading time: 1 min

A firm is any business organization that uses factors of production (capital, labor, land and entrepreneurship) in order to supply goods or services.

The above is the general economic definition. In popular usage in the United States, a firm is typically a partnership of lawyers devoted to providing legal services.

Licensed under CC BY-SA 3.0 | Source: https://www.conservapedia.com/Firm
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