English, asked by ankuryadav86904, 6 months ago

Explain the importance of the production
inorganis

Answers

Answered by rahulkumaryadav35789

1

Answer:

Importance of Production are as follow: Helps in creating value by applying labour on land and capital. Improves welfare as more commodities mean more utility. Generates employment and income, which develops the economy. Helps in understanding the relation between cost and output.

Explanation:

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Answered by shinuoommen79

0

Answer:

Importance of Production are as follow: Helps in creating value by applying labour on land and capital. Improves welfare as more commodities mean more utility. Generates employment and income, which develops the economy. Helps in understanding the relation between cost and output.

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