Business Studies, asked by npatel20155khushi, 7 months ago

1
What is meant by production by adding utility to the natural wealth
b) commerce c) Industry d) Auxilioxy services
to the natudal wealth
a) Trade​

Answers

Answered by sureshgowda24244
1

Answer:

Production is an activity of utter importance for any economy. ... This is because raw goods, surely are valuable, but production done upon these raw goods adds up to their value or their want-satisfying power. We are aware of the fact that utility is the want-satisfying power of any commodity or service.

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