Question

define production explain the role of labour in production?​

Answer 1

$\huge{Hey Mate!!!}$

☆☞ Here is ur answer ☜☆

✔✔ It is the act of creating output, a good or service which has value and contributes to the utility of individuals.

✔✔ Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs.

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