• Svend Rasmussen
Part of the Springer Texts in Business and Economics book series (STBE)


Generally speaking, production consists of the transformation of factors of production into products. The way in which the production is carried out – the production process – is outlined in Fig. 1.1.


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© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Department of Resource Economics and Food PolicyUniversity of CopenhagenFrederiksbergDenmark

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