Educator at Unacademy. Postgraduate in Commerce. Loves to cook and sing. Lives in Assam. 

Antara Mahanta

This course is concerned with producer's behaviour. This course talks about the production function; short run and long run; total product, average product and marginal product; returns to scale and cost.

CBSE Class 12

English

Production and Costs: Class 12 NCERT

Producer Behaviour & Supply

Introductory Microeconomics

Economics

Ace in Class XI Examination by understanding all the concepts of Mathematics and Science, with these courses.

CBSE Class 11

Class 6-12

Become a topper in your school and ace your board exams by learning from best educators in the country

CBSE

CBSE (Central Board of Secondary Education)

This lesson gives an overview of the course "Production and Costs".

Course Overview

This course talks about the introduction to Production and Costs. Here, some basic terms are being discussed.

Introduction

This lesson discusses about the factors of production and the concept of production function. The concept of production function is being discussed with the help of a table.

Production Function

This lesson explains the concept of isoquants. Here, some important concepts are also discussed. They are- Fixed and variable input and short run and long run.

Isoquant

This lesson talks about the concepts of total product, average product and marginal product.

Total, Average and Marginal Product

This lesson states the law of diminishing marginal product and the law of variable proportions. Both the laws are discussed with the help of a table.

Law of diminishing marginal product and law of variable proportion

In this lesson we will learn about the total product, average product and marginal product curves through graphical representations. This lesson also states about the relationship between AP and MP curves.

Total, Average and Marginal Product curves

This lesson talks about the concept of Returns to Scale. Here, the three types of returns to scale are discussed.

Returns to scale

This lesson discusses the concept of cost function. Here, the short run costs are discussed along with the formulae.

Costs

This lesson talks about the short run cost curves along with the graphical representations of each of the curve.

Short run cost curves

This lesson is a discussion of long run cost and long run cost curves along with the graphical representations.

Long run costs

MBA -Finance || 2 years exp. in corporate sector || 9 years exp. in teaching || winner of educator of the week at unacadmy.


Sonam Rani

In this course, the educator discusses topics related to perfect competition under Introductory Microeconomics helpful for Class XII CBSE students.

(Hindi) Perfect Competition : Class 12 CBSE

Jaskeerat Kaur

In this course, Jaskeerat Kaur discusses production function and supply. This course is based on Class 12 NCERT syllabus.

(Hindi) Production

I am a University of Delhi graduate. I enjoy learning and teaching and I am here to make learning fun and interesting for you guys!  

Trupti Dhamija

In this course we will look at the producer's behavior in the market and how the goods are supplied.

Producer Behavior and Supply

From commerce background. Loves to  share knowledge. Have an experience in teaching  financially weak kids.

Ayushi Rastogi

This course is about Supply, its factors, and causes for increase and decrease in supply. This course has covered basics, factors affecting, supply schedules, curves, the law of supply, movements, shift, the relationship between supply and demand.

Class 12 Economics - Theory of Supply

Priya Jain

Hello my ACHIEVERS 
This course will cater - Class -11th (CBSE board) & Class-12th (ISC board) students
This course will help you Understand how producer will compare cost & revenue to maximize his profit

(Hindi) Class 11 Concept of Cost , Concept of Revenue and Producer Equilibrium

Lessons

11 lessons • 1h 48m

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Course Overview

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Introduction

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Production Function

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Isoquant

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Total, Average and Marginal Product

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Law of diminishing marginal product and law of variable proportion

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Total, Average and Marginal Product curves

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Returns to scale

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Costs

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Short run cost curves

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