What is production expalin it in simple and short
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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. ... market production.
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What is production ?
Production is a process of making or manufacturing various things from raw materials. It is a process in which raw materials are transformed to useable resources.
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