Production Function in Short Run & Long Run | Diagrams, Examples & Key Differences Explained
Автор: Animal Stories
Загружено: 2025-07-19
Просмотров: 145
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🎓 Production Function in Short Run and Long Run | Explained with Diagrams and Examples
Welcome to Economics Guider! In this video, we break down the Production Function in Economics — covering both the Short Run and Long Run in a simple and clear way.
👉 What you’ll learn:
Meaning of Production Function
Difference between Short Run and Long Run
Key Inputs: Labor and Capital
Law of Diminishing Returns
Returns to Scale
Real-world Examples
Graphical Explanations & Curves
Whether you're a college student, UPSC aspirant, or just want to understand the basics of Microeconomics, this video will help you master the concept of production theory.
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📥 Comment below if you want a PDF of the diagrams or slides used in this video.
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