Class 11 Economics Chapter 3 | Factors of Production - Production and Cost

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6:46 should be using 150 labour as 50 makes 500 in 30 days so 100 will make it in 20 and 150 in 10 days

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6:13why to increase raw materials to get more output? For ex if my exam is in 2days then I am gonna read the present book or get extra other books... Plz explain🙁

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Previous Video : Production Function - Class 11th Economics kzbin.info/www/bejne/lavCmolsZ7t5eMU Next Video : Short Run and Long Run - Class 11th Economics kzbin.info/www/bejne/inerlqmjmpmAZpo

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[@mohit_kanojia]

Mam, I have a question What is Factor of production ? (i)Land, labour, capital and entrepreneurship (ii) variable factor and fixed factor Which option is correct

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Both is option are correct but i is correct 💯

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(i)

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Both are correct 1 = these are on the basis of nature 2= these are on the basis of input

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[@siya9388]

(I) it is the factor of production (II) it is the type of production

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Factors affecting cost k bare me btaoo plzz

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Ok mam/sir but plz recommended some videos of factors affecting cost 2 days badh meri presentation h .mam/sir am BBA stu but hmko jo books lgi h managerial economics ki bo 11 ki h.

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Ma'am you explained factors of production only in short run but what about in long run

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Good explanation ma'am thnx so much....

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Variable factors r not required at zero level of production ..Ma'am what about fixed factors....how they r required

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[@snehamirchandani1109]

see even if u are not producing anything, the building infrastructure u have would still be there, and money u invested to open up business would still be the sunk cost. the rent u pay on the land would still be asked even if u choose not to produce. and your workers will dmeand salary.

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mam what is the meaning of vary in difference between of variable factors and fixed factors. I searched it everywhere and i found it meant [ alag hona] which is not relate with the sentence.

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