{"product_id":"production-analysis","title":"PRODUCTION ANALYSIS","description":"\u003cp\u003eProduction is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs. The degree to which the needs are satisfied is often accepted as a measure of economic well-being. In production there are two features which explain increasing economic well-being. They are improving quality-price-ratio of goods and services and increasing incomes from growing and more efficient market production.\u003c\/p\u003e","brand":"THOMAS HUNTER","offers":[{"title":"Paperback","offer_id":44420638900385,"sku":"9781111119616","price":45.88,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0462\/1120\/3233\/files\/1wrjmpm5-front-shortedge-384_100b98d2-a326-4724-b8eb-459140605d13.jpg?v=1747518394","url":"https:\/\/bookswholesale.myshopify.com\/products\/production-analysis","provider":"BooksWholesale","version":"1.0","type":"link"}