, PRODUCTION
variable factors vs -
Fixed Factors
d d
Those
factors of production
those
factors of production
remain
which
vary with
level
of which same on
output Ex Raw
-
:- material
every
level
of output
Machinery
Ex : -
Long dRun Vs Short Run .
d
Production Period
Planning Period
Conly variable
factors are ( Both variable
factors I
found ) fixed factors are
found)
TO-A-t.LPRO-D-tc.JP
Sum of output variable factor Harbour)
→ produce by
employed
.
→ A.K .Total
A Production
MARGINAL PRO-D-uct.CM#
→
Change
in total production due to
embloyment of
@w additional unit
of variable factor .
Mpn Tin Tin -1 Cn of variable
factory
→ = -
= no .
Ark A
Marginal Production
→ .
=
.
variable factors vs -
Fixed Factors
d d
Those
factors of production
those
factors of production
remain
which
vary with
level
of which same on
output Ex Raw
-
:- material
every
level
of output
Machinery
Ex : -
Long dRun Vs Short Run .
d
Production Period
Planning Period
Conly variable
factors are ( Both variable
factors I
found ) fixed factors are
found)
TO-A-t.LPRO-D-tc.JP
Sum of output variable factor Harbour)
→ produce by
employed
.
→ A.K .Total
A Production
MARGINAL PRO-D-uct.CM#
→
Change
in total production due to
embloyment of
@w additional unit
of variable factor .
Mpn Tin Tin -1 Cn of variable
factory
→ = -
= no .
Ark A
Marginal Production
→ .
=
.