Question

Household production consists of Group of answer choices any commodities which are produced at home and then sold. any commodities which are produced at home and yield utility to the family. any time spent at home by any family member. any commodities purchased for use in the home.

Answer 1

Answer:

Any commodities which are produced at home and yield utility to the family

Explanation:

Household production occur when member of a household produce goods and service for their own personal consumption or for their own personal use, using their own capital as well as their own unpaid labor .

In another word in HOUSEHOLD PRODUCTION the member of the household are both the producers as well as the consumers of the goods produce by them.

Example of these household consumption are: Foods, Clothes Acommodation among others. Therefore we can vividly say that HOUSEHOLD PRODUCTION consists of Any commodities which are produced at home and yield utility to the family.