Education Law Of Variable Proportions (Economics)

1. 1 2. Production refers to the transformation of resources into outputs of goods and servicesFOR INSTANCE : General motors (G.M.) hires workers who use machinery infactories…

Documents BBA Law of Variable Proportions

* Production refers to the transformation of resources into outputs of goods and services FOR INSTANCE : General motors (G.M.) hires workers who use machinery in factories…

Documents Industrial economics

1.INDUSTRIALECONOMICS2. ECONOMICS Economics is the study of how human beings make choice to allocate scarce resources to satisfy their unlimited wants in such a manner that…