Production And Theory Of Costs (Economics)

Table Of Contents Meaning Of Production Types Of Production Factors Of Production Production Systems Devices That Raise Production Scale Of Production Production Concepts Production Costs Concepts Revenue Concepts Production is the creation of goods and services that satisfy human wants. Production has been classified into three types. They are the following: 1. Primary Production This … Read more

Production In Commerce: Meaning Of Production, Stages/Types And Importance Of Production

Commerce Topic: Production Table Of Contents Meaning Of Production Groups Of People Involves In Production Stages/Types Of Production Importance Of Production In Commerce Meaning Of Production This is the transformation of raw material into finished goods and their distribution to the customers to satisfy their wants. This is also the creation of goods and services … Read more