Production Pdf 193545 | Cbse Class 12 Micro Economics Notes Chapter 3

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revision notes class 12 micro economics chapter 3 production and costs production it is primarily concerned with the transformation of resources into commodities production function physical inputs are used in ...

Filetype PDF | Posted on 06 Feb 2023 | 2 years ago

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...Revision notes class micro economics chapter production and costs it is primarily concerned with the transformation of resources into commodities function physical inputs are used in a firm s describes relationship between output factors manufacturing process displays number required to produce highest level final expressed using following formula q f x here equal units amount factor respectively above equation shows that can be types there two short run this one variable while others fixed as result law return applied also referred proportion type time frame insufficient effect change all changed xii www vedantu com long diminishing returns scale constant period enough total product or sum produced by given over when other held below depicts average per unit ap tp input marginal refers resulting from employment an additional words contribution each relation mptp l mp n rises at increasing rate well decreases increases decreasing its maximum equals zero starts fall becomes negative lab...

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Posted on: 06 Feb 2023 | 2 years ago
Tag: download pdf, cbse, class, micro, economics, notes, chapter,
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