Superb class. But there is a little bit confusion. Whether the subsidies, mam is talking about, is meant for the producers or consumers. Can anyone let me know
What I understood is that Factor cost subsidies mam Is discussing are considered to be for producers as they are directly related to the cost of production, meaning the government is providing financial assistance to the companies producing goods, not to the consumers who buy them….hope this clarifies
Price incurred by Producer is called Factor Cost / Factor Price in Economic Academic Texts. Do refer to the Academic Books apart from UPSC Materials / Normal Websites. You would get clarity . Facotr cost can also be referred as Factor Price., Similarly, Market Cost is also referred as Market price.
LATEST UPDATES - UPSC CSE:ua-cam.com/play/PLXiXiICiKr9eoD-q9TcFKlynZ_yHJP59C.html
Wowww superb explanation never before ever after mam🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
Explanation is Crystal clear
Super explanation Maam, please make the video on Money and banking chapter 🙏
Superb explanation mam 👏👏👏👏👏
Thank you For this Ma'am. This concept if often very confusing in the book.
Truly crystal clear..Tq mam
Superb class. But there is a little bit confusion. Whether the subsidies, mam is talking about, is meant for the producers or consumers. Can anyone let me know
I think based on the video subsidies received are included in the factor cost as subsidies are direct inputs into production.
What I understood is that Factor cost subsidies mam Is discussing are considered to be for producers as they are directly related to the cost of production, meaning the government is providing financial assistance to the companies producing goods, not to the consumers who buy them….hope this clarifies
Mam, Can u please explain diff between Basic price vs market price
Thanks mam
mam add these concepts in a separate play list
Talk about GVA Mam
Factor cost and market price it is
Price incurred by Producer is called Factor Cost / Factor Price in Economic Academic Texts. Do refer to the Academic Books apart from UPSC Materials / Normal Websites. You would get clarity . Facotr cost can also be referred as Factor Price., Similarly, Market Cost is also referred as Market price.
Telugu class chepandi medam