Which of the following is considered production in Economics? a. Teaching CA Students in CA Institute by a teacher b. Singing a song before friends c. Flying kite for pleasure d. T... Which of the following is considered production in Economics? a. Teaching CA Students in CA Institute by a teacher b. Singing a song before friends c. Flying kite for pleasure d. Teaching to friends in a library any concept of Economics
Understand the Problem
The question is asking to identify which of the given options is recognized as a form of production in the context of Economics. Production typically refers to activities that generate goods or services that contribute to economic output.
Answer
Teaching CA Students in CA Institute by a teacher.
Teaching CA Students in CA Institute by a teacher.
Answer for screen readers
Teaching CA Students in CA Institute by a teacher.
More Information
In economics, production involves creating goods or services that have value and can be sold. Teaching at a CA Institute is considered production because it provides a valuable service and involves a financial transaction.
Tips
A common mistake is to confuse personal enjoyment activities with production. Production in economics is usually associated with activities that have a market value.
Sources
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