what do you understand by mean of production
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Production is a 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.
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production in combining of various material inputs and I'm material inputs in order to make something for conception it is act as creating an output a good service which has value and contribute to the utility of individual
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