Which of the following best describes what production accomplishes?
o
a. efficient use of natural resources.
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b. an increase in supply that lowers prices.
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c. a reduction in the size of the labor force.
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d. value added to resources that already exist.

The correct answer is letter D

A production process is a system of actions that are dynamically interrelated and that are oriented towards the transformation of certain elements.

Value added to resources that already exist.

Explanation: I got 100% on the test :)

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