-is the process of creating goods and servicesto satify human want
Answers
Answered by
1
Answer:
Production is the 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.
Similar questions
Math,
3 hours ago
Math,
3 hours ago
Science,
6 hours ago
Math,
8 months ago
Computer Science,
8 months ago