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What Is The Production Analysis? |
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Answer» Production Analysis Production is transformation activity that connects FACTOR inputsand outputs. For example, a FARMER uses land, LABOR and SEEDS as inputsto transform them into corn. An INPUT refers to any good or service thatassists in producing an output. Production Analysis Production is transformation activity that connects factor inputsand outputs. For example, a farmer uses land, labor and seeds as inputsto transform them into corn. An input refers to any good or service thatassists in producing an output. |
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