Methods of Calculating National Income Value Added Method:- According to this method, National Income is calculated by adding net value by all producing unit...
Functions of one variable (DEMO) Reference book: Sydsaeter and Hammond Play with Graphs- Arihant Content plan for Day 1: Graphs of Functions: Special focus on trigonometric functions. All basic functions...
MANAGERIAL ECONOMICS Application of Economics in Managerial Decision Making to optimize resources of the firm and maximize the value of the firm What is economics? The best product, wealth, or...
Factors of Production (FOP) Production of goods & services requires the use of certain resources. For eg : to produce whearc, a farmer needs land, labour, seeds, fertilizer, etc. So in this example...