What is production?
A) Material items or products that customers will buy to satisfy a want or need
B) Tasks performed by people that customers will buy to satisfy a want or need
C) The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services
D) The rate at which goods and services are produced based upon total output given total inputs

Question

Quizplus · Accepted Answer

Production refers to the process where a business takes raw materials and processes or converts them into a finished product for its goods or services. This encompasses a wide range of activities from manufacturing to digital goods creation.

What Is Production