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Explain the meaning of production. - Economic Applications

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प्रश्न

Explain the meaning of production.

एक पंक्ति में उत्तर

उत्तर

Production is a process in which inputs are transformed into output. Alternatively speaking, production is an activity that creates economic utility (or value) in goods.

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Meaning of Production Mechanism
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अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११४]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 1. | पृष्ठ ११४
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