What is the difference between the production and the consumption of an
item?
o
a. one deals with the creation of an item; the other deals with the
use of an item
b. one deals with transporting the item from where it was produced
to the location where it will be sold; the other deals with the
consumer's use of the item after purchase,
o
c. one deals with deciding how much to charge for an item, the other
deals with reconstructing the item in another format.
o
o
d. one deals with the creation of an item; the other deals with the
transportation of the item from where it was made to where it will
be sold

A. One deals with the creation of an item; the other deals with the

use of an item.

Explanation:

Production means "To make" and consumption is putting to use of something.

Hope this helps, have a great day/night!

when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.