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Define production? what are the main aim of production ?
Define production? what are the main aim of production ?
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Solution
Production is the act of creating output, a good or service by bringing together tangible and intangible goods which have value and contributes to the utility of individual.
Production is the act of creating output, a good or service by bringing together tangible and intangible goods which have value and contributes to the utility of individual.
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