Home » Economics » In economics, production takes place only whenIn economics, production takes place only when In economics, production takes place only when A. producers sell to retailers B. value has been added to a commodity C. modern equipment is used D. consumption has taken place Correct Answer: Option D Explanation Related Posts A sustained increase in the per capita income of a country over a period of… Which of the following is NOT a feature of economic underdevelopment of a country? Development plans have not been successful in some developing countries largely because of? One of the objectives of Nigeria’s current population policy is to? Elasticity demand is an effective tool in the hands of a producer in that it… If the labour force in a given community is 2,000,000, in the wage employment 200,000…