cupcakebls3750 cupcakebls3750
  • 01-02-2020
  • Business
contestada

The creation of goods and services is referred to​ as: A. formation. B. transformation. C. production. D. design.

Respuesta :

pristina
pristina pristina
  • 01-02-2020

Answer:

C. production is the correct answer.

Explanation:

Production is a process by which different material inputs such as semi-finished goods, raw substances and insubstantial inputs such as plan, ideas, knowledge, and information are combined to create an output.

factors of production are:

  • land
  • labor
  • capital
  • entrepreneurship.

Production aims to deliver goods and services to create wealth that help to improve the living style,help to generate job opportunity and also helps to improve trading potentials.

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