Find out a) explicit cost b) implici cost from the following -
i) Investments in fixed assests - 2000
ii) Borrowings at 12% interest per annum - 1500
iii) Wages paid during the year- 120
iv) Annual rental value of the owner's factory building- 100
v)Estimated annual value of the management services of the owner - 240
What is meant by globalization in a bottle?
what is ideal factor ratio
What do the short run marginal cost, average variable cost and short run average cost curves look like?
Find out a) explicit cost b) implici cost from the following -
i) Investments in fixed assests - 2000
ii) Borrowings at 12% interest per annum - 1500
iii) Wages paid during the year- 120
iv) Annual rental value of the owner's factory building- 100
v)Estimated annual value of the management services of the owner - 240
1.purchase of raw materials 200
2. payment of wages & salaries 500
3. payment of rent 50
4. donations 100
5. estimated value of services of owners 300
6. expected min profit 40
7. estimated super normal profit 240 [in rs]
What is meant by globalization in a bottle?
what is ideal factor ratio
What do the short run marginal cost, average variable cost and short run average cost curves look like?