blockversewordysbillionaire.aiyourlistWhiteboardAppquizieunschool

News

Home
Popular
Elections

Genius — OpenServe

production theory — latest news, discussion & facts — IJR

Sponsored

production theory

Topic

production theory

study of production, or the economic process of converting inputs into outputs

0members1here now

Ask Genius Site

Feed Discussions About

Loading

Comments

Ask Genius by OpenServe:

Free account · your comment posts right after signup

About production theory

Production is the process of combining various inputs, both material and immaterial in order to create output. Ideally, this output will be a good or service which has value and contributes to the utility of individuals. The area of economics that focuses on production is called production theory, and it is closely related to the consumption theory of economics.

0

members

1

here now

Everything about production theory →

Live room · 1 here

Be the first in the room — members see you arrive.

Facts from Wikidata (CC0).