Theories of production

It is conventional to define production as "the creating of utility."It points out that production embraces a wide range of activities and not only the preparation of material goods.Hence, rendering legal advice,writing a book,setting a motion picture are all examples of production.J.L. Hanson has thus rightly remarked "in economics,however,production is not restricted to the manufacture of commodities but also includes the provision of direct services.Such as those of the lawyer,the accountant,the actor,or musician etc."But everyday speech,the world production is often used ad is were synonymous with creating something.
It is difficult to supply the inputs used in producing the output of services.due to this,while production in a general senses refers to the creation of any goods or services people will buy,the concept of production is much clearer when we speak only of goods.Here it is simpler to specify the precise inputs and to identify the quantity and quality of output.As for example,producing a quintal of rice requires land,seeds,fertiliser,tools and human labour.Even today every act of production requires the input of human resources.The production normally requires capital equipments like machinery,tools and buildings,and raw materials,labour.In the worlds of J.P. Gould and E.P. Lazear "The theory of production consists of an analysis of how the entrepreneur -given the 'state of art' or technology combines various inputs to produce a stipulated output in an economically efficient manner."