Question

define the term production what are the factor of production​

Answer 1

Answer:

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

Explanation:

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Answer 2

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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