PRODUCTION FUNCTION
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PRODUCTION FUNCTION

Economics For Class XII

Instructed by Aditi Jain
Validity: 120 days
Free


Published    23-Mar-2017      Bilingual

Production function is a part of Unit-3. In this you will study the following:
Production Funtion: Short run and Long Run
Total Product, Average Product and Marginal Product.
Return to a factor.
cost and Revenue: Short run costs, total variable cost, Average costs, Average fixed cost, Average variable costs and marginal cost-meaning and their relationship.
Producer's equilibrium, its meaning and its condition terms of marginal revenue -marginal cost.
Supply, market supply, determinants of supply, supply schedule, supply curve and its slope, movement along shift in supply curve, price elasticity of supply. (a) Percentage change Method (b)Geometric Method

Section 1: PRODUCTION FUNCTION (In this section you will learn all about Production function.)
Lecture 1 Production Function (
In this video you will learn about Production Function with a proper flow chart , You will learn ab Short run and Long run, Types of Input, Fixed factor of production, Variable of Production, Period and types of period, Total Product, average Product, Marginal product, their formulas and you will solve some problems based on above.

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Aditi Jain

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About Us

Hello ,I am Aditi.I am faculty of Accountancy at study Khazana. For me nothing could be more beautiful than learning by sharing knowledge.My lectures will be enough for all the students to achieve good marks.



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