Business Economics - I fybcom Sem 1 Manan Prakashan B.Com Sem 1 -

Business Economics - I FYBcom Sem 1 Manan Prakashan

  • Publisher : Manan Prakashan
  • Author: Dr. P. A. Johnson, A. D. Mascarenhas, Sonali Chatterjee
  • Availability: In Stock
  • Normally Deliver within 3-4 days
  • Rs.155

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  • Description :
    Content:- 1.Scope and Importance of Business Economics - basic tools- Opportunity Cost principle- Incremental and Marginal Concepts. Basic economic relations - functional relations. .2.Demand Function - Nature of demand curve under different markets 3.Collegeion Function: Short run analysis with Law of Variable Proportions- Collegeion function with two variable inputs- isoquants, ridge lines and least cost combination of inputs 4.Cost Concepts: Accounting cost and economic cost, implicit and explicit cost, social and private cost, historical cost and replacement cost, sunk cost and incremental cost

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