cost of production is the amout of money spend on the production of a perticular comodites.
more productions the firm will cost less price of per production
An experience curve is a graph that shows the relationship between cumulative production quantity and the production cost. It takes into account both variable and fixed costs.
cost of production formula
I
production cost, selling cost and sundry cost
It has a lower opportunity cost for production of that good.
it means what is the crop in the cereals production ps.love education
its the practice of calculating the resources incured in producing the final product
Produce cotton textiles and clothing more efficiently.
When the raw material is converted into finished product is called production.
it means what is the crop in the cereals production ps.love education
you product the cost