Production and cost Managerial Economics Mcom Notes
Production and cost Managerial Economics Mcom Notes:- In this post you will get all the notes of MCom 2nd year, this post has all the notes for you, share this post to all your friends and all your groups so that every student of mcom can see this post and comment that You liked reading this post. Production and cost Notes
Covered Syllabus: –
Production and cost Managerial Economics Mcom Notes: Production – Law of variable proportion. Return to scale. Production function, producer’s Equilibrium, Isocost.
Cost Function: Classification of costs, Short run cost functions, Relationship between return to scale and return to scale and return to a factor, long run cost functions.
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