Economy, asked by yeshwanthram4, 2 months ago

Define input in economic​

Answers

Answered by powarpranav198693
1

Answer:

Inputs are any resources used to create goods and services. Examples of inputs include labor (workers' time), fuel, materials, buildings, and equipment.

Answered by aayush9461
3

Explanation:

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.

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