Theory of Cost - All the cost concepts you need to know!! ICAR SOCIAL SCIENCE JRF| AIEEA PG
Автор: Agri- Economics & Extension by Anukriti
Загружено: 2023-02-24
Просмотров: 617
Описание:
Hey guys!
The concept of costs is an important topic in Micro and Production Economics.
In this video, I have discussed the various types of costs: -
FIXED COSTS, VARIABLE COSTS, &TOTAL COSTS
AVERAGE FIXED COSTS, AVERAGE VARIABLE COST
AVERAGE TOTAL COST &MARGINAL COSTS
NOMINAL COSTS &REAL COSTS,
OPPORTUNITY COSTS,
ECONOMIC COSTS - IMPLICIT COSTS & EXPLICIT COSTS,
DEFLATED COSTS, SOCIAL COSTS, SEPARABLE COSTS, & COMMON COSTS
HISTORICAL COSTS & REPLACEMENT COSTS
ESTABLISHMENT COST
Watch this video to clear your cost concepts :)
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