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Costs
Lesson 9 of 11 • 7 upvotes • 8:52mins
Antara Mahanta
This lesson discusses the concept of cost function. Here, the short run costs are discussed along with the formulae.
Production and Costs: Class 12 NCERT
11 lessons • 1h 48m
1
Course Overview
5:22mins
2
Introduction
8:34mins
3
Production Function
10:16mins
4
Isoquant
10:23mins
5
Total, Average and Marginal Product
10:29mins
6
Law of diminishing marginal product and law of variable proportion
11:56mins
7
Total, Average and Marginal Product curves
10:13mins
8
Returns to scale
8:23mins
9
Costs
8:52mins
10
Short run cost curves
12:41mins
11
Long run costs
11:26mins
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