Economy, asked by ADBOYZ1605007, 17 days ago

Define Production(Class 9 L-1)

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Answered by anushree92004

Answer:

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals. ...

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