Download App

Cost Of Production and Concept of Revenue — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsCost Of Production and Concept of Revenue1 Mark
Question
What is production cost ?
✓

Answer

Production cost refers to the expenditure increase by a producer to produce goods and services in monitory terms.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from Cost Of Production and Concept of Revenue→Cost Of Production and Concept of Revenue — all question types→Economics STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

What is meant by homogeneous product?
→
What is Net National Product $(NNP) ?$
→
What is decrease in supply ?
→
What is the different between individual demand curves ?
→
What is the meaning of scientific method?
→
In which situation does demand decrease or increase?
→
What was the original name of Chanakya ?
→
Which year is considered as base year to calculate national income in India ?
→
In which market firm accept the price and then only take decision regarding selling ?
→
According to Kautilya, What is real 'Arth' ?
→