File: Production Pdf 193077 | Lec10 Item Download 2023-02-06 01-55-16
Lecture No.10. Product - Product relationship - types. Production possibility curve, iso revenue line and optimum combination of outputs In this section, instead of considering the allocation of inputs ...
Filetype PDF | Posted on 06 Feb 2023 | 2 years ago
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...Lecture no product relationship types production possibility curve iso revenue line and optimum combination of outputs in this section instead considering the allocation inputs to an enterprise or among enterprises we discuss combinations mix involving relationships deal with what should be produced from a given level fixed variable resource transformation is locus maximum amounts two products say y that can quantity resources x mathematically such represented by f rate rpt marginal substitution mrps between negative slope for either expressed as dy defined change increase decrease must accompanied unit at i basic joint complementary supplementary competitiveness which result same process are termed extreme case combined proportions one without other impossible e g grain straw curves type presented figure possible however example different varieties paddy produce varying thus may changed technologies cropping practices usually associated narrow range exist b competitive when output inc...