Economy, asked by amitchoudhary978522, 10 months ago

Define producer and production​

Answers

Answered by MʏSᴛᴇʀɪᴏSᴛᴀʀᴋ
3

Answer:

Producer goods, also called intermediate goods, in economics, goods manufactured and used in further manufacturing, processing, or resale. Producer goods either become part of the final product or lose their distinct identity in the manufacturing stream.

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Answered by rekha20011978
13

Answer:

Producer = a person, company, or country that makes, grows, or supplies goods or commodities for sale.

Production= the action of making or manufacturing from components or raw materials, or the process of being so manufactured.

Explanation:

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