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A Businessman Stocks Potatoes in the Cold Storage During the Winter and Releases that Stock During Summer. Will this Be Considered as Production? Give a Reason for Your Answer. - Economics

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Question

A businessman stocks potatoes in the cold storage during the winter and releases that stock during summer. Will this be considered as production? Give a reason for your answer.

Short/Brief Note
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Solution

Yes, the product was produced in the same financial year.

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2018-2019 (March) Set 1
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