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Question

Which of these activity is considered production in economics?

A
A housewife doing her household job
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B
A doctor practicing in his clinic
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C
A musician giving performance at his son's marriage
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D
None
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Solution

The correct option is B A doctor practicing in his clinic
A doctor practicing in his clinic is considered as production as by rendering services to the patients ,doctor is yielding some monetary gain which is calculated in national income of an economy.

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