Lesson 8 of 9 • 23 upvotes • 9:36mins
In this lesson we will be talking about some important relationships between total product-marginal product and average product-marginal product. Returns to scale is also discussed in Hindi.
9 lessons • 1h 14m
Production Function: What is Production? Factors of Production and Total Physical Product (in Hindi)
9:35mins
Average Physical Product (in Hindi)
5:31mins
Marginal Physical Product (in Hindi)
5:42mins
Types of Production Functions (in Hindi)
6:22mins
The Law of Variable Proportions (in Hindi)
9:45mins
Law of Variable Proportion: Explanation of Schedule, Diagram and Assumptions to the Law (in Hindi)
10:10mins
Difference between Law of Variable Proportions and Returns to Scale (in Hindi)
7:02mins
Production Function: Some Important Relationships (in Hindi)
9:36mins
High Order Thinking Skills Questions (in Hindi)
10:30mins