Question

Verify explain production and its importance in the field of economics

Answer 1

Production (economics) ... In productionthere are two features which explainincreasing economic well-being. They are improving quality-price-ratio of goods and services and increasing incomes from growing and more efficient market production. The most important forms of production are: market production.

Answer 2

n production there are two features which explain increasing economic well-being. They are improving quality-price-ratio of goods and services and increasing incomes from growing and more efficient market production. The most important forms of production are: market production.