What is production ? Give an example.
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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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productions-
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the action of making or manufacturing from components or raw materials, or the process of being so manufactured
ex- corn
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