Theory of Production and Cost in 1 Shot | CA Foundation | Economics & BCK 🔥

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  • Опубліковано 3 гру 2024

КОМЕНТАРІ • 470

  • @CAWallahbyPW
    @CAWallahbyPW  Рік тому +49

    Ab Hoga Asli Taiyari: ua-cam.com/video/thmEbA_0gsc/v-deo.html
    ✅Sampurna Pro June 2024-
    📌physicswallah.onelink.me/ZAZB/eygu1077
    ✅Sampurna June 2024-
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    ✅CA Foundation Dec 2023 Brahmastra Series -
    📌physicswallah.onelink.me/ZAZB/l1fdzxaa

  • @dishamakkar2909
    @dishamakkar2909 Рік тому +103

    00:02 Chapter number three is about the Theory of Production and Post
    01:59 Production is the process of converting raw materials into output.
    06:59 Production factors include raw material, labor, money, and land.
    09:20 Land is a passive factor and cannot be manufactured.
    13:48 Labor bargaining power
    16:10 Capital is divided into fixed capital, circulating capital, and real capital.
    20:24 The main point is to understand the structure and importance of savings and how it relates to starting a business.
    22:53 Profit and survival are key objectives of a company.
    28:00 Production function in economics is an important concept
    30:04 The short run is a period in which at least one factor of production remains constant.
    34:33 The speed of production initially increases rapidly and then slows down.
    36:36 The speed initially decreased then became negative.
    42:16 Labor and capital are the two factors that drive production.
    45:28 The increase in variables and factors could have led to a greater output.
    49:58 Accounting cost is every expense recorded in the account.
    52:17 Pay attention to your opportunity cost
    57:57 Cost function is the relationship between cost and output.
    1:00:58 The formula for marginal cost average is FC + AVC.
    1:06:03 The cost of production can be calculated using the formula tp/variable factor
    1:10:15 The value of ABC is reduced by dividing it, and the production is also affected.
    1:16:27 Factors affecting savings and accumulation of capital
    1:20:14 The concept of marginal cost is related to four things: accounting cost, simplicity cost, opportunity cost, and fixed cost.
    1:26:46 Normal profit is the profit where
    1:29:32 Specialization in economics leads to lower costs and higher efficiency
    1:36:07 Costs in the long run vs short run

  • @dishamakkar2909
    @dishamakkar2909 Рік тому +111

    Chapter 3: Theory of Production and Cost - Study Notes
    Summary:
    - The chapter covers the Theory of Production and Cost, with a focus on numerical problems and diagram-related questions.
    - Basic understanding of production, cost concepts, language of MCQs, and relevant formulas is crucial.
    - The chapter can be divided into two units - Theory of Production and Cost.
    Key Concepts and Terms:
    1. Production:
    - Process of converting raw materials into output in a factory setting.
    - Factors of production: raw material, labor, money, and land.
    - Land is a passive, permanent factor with varying features and fertility levels.
    - Labor varies in productivity and bargaining power.
    - Capital is categorized into fixed, circulating, and real capital.
    2. Entrepreneurship:
    - Focuses on good capital and resource management.
    - Innovation and understanding the importance of savings for starting a business.
    3. Objectives of Business:
    - Profit and survival are key objectives.
    - Providing quality products at reasonable prices is a social objective.
    4. Production Function:
    - Dependent on labor, capital, and entrepreneurship.
    - Short run and long run are the two periods in production function.
    - Law of Variable Proportions and Returns to Scale are important concepts.
    5. Laws and Costs:
    - Law of Variable Proportions describes the three stages of production.
    - Returns To Scale (TRS) - output increases in the same ratio as factors.
    - Accounting, implicit, explicit, and opportunity costs are essential considerations.
    - Cost function and relationships between cost and output, including marginal cost and average cost.
    6. Marginal Cost and Product:
    - Consideration of opportunity cost and the value of the next best alternative.
    - The relationship between marginal cost and the value of ABC.
    7. Factors Affecting Savings and Accumulation of Capital:
    - Government policy and capital accumulation are influential factors.
    8. Specialization and Cost Efficiency:
    - Specialization leads to lower costs and higher efficiency.
    - Wholesale inputs and high-tech investments contribute to cost reduction and increased productivity.
    9. Costs in the Short Run and Long Run:
    - In the long run, all costs are variable, while in the short run, there are fixed and variable costs, influenced by transactions and specific days.
    It's important to grasp these concepts, understand relevant formulas, and practice solving numerical problems and diagram-related questions in Economics production.

  • @tonighttrend..
    @tonighttrend.. 6 місяців тому +53

    Who is watching in 2024 like 😂🎉

  • @zeelmistry6660
    @zeelmistry6660 2 роки тому +27

    Sir the way you are teaching is really enthusiastic for us and it's making us more motivated how you teach us but sir there were many topics like the detail of internal and external economies and diseconomies that you skipped. Just teach in more detail way and we'll crack this exams all together

  • @AzaiStarr
    @AzaiStarr Рік тому +11

    Thats great, i would have to read every single statement of module, here this man made it way easier for me.

  • @avantika438
    @avantika438 Рік тому +30

    Best video lecture till now never seen such a good content I watched this video a night before my exam and I'm shook.......... The question paper contain all the concept which the sir has explained in their video..... A day before I saw his video for the first tym and it just blown my mind ...

  • @CAWallahbyPW
    @CAWallahbyPW  2 роки тому +16

    Chanakya - CA Wallah Enrollment Link : bit.ly/ChanakyaBatch_CA
    You can also watch these lectures in our App.
    Class notes will be provided
    Visit :
    📲PW APP LINK - bit.ly/ChanakyaBatch_CA
    🌐PW Website - www.pw.live

    • @JayKaroshi
      @JayKaroshi 2 роки тому

      Sir dpp Mai answer options galat diye hai , but explanation correct answer ka diya so please check kijiye . Students might get confused

    • @riddhitiwari1328
      @riddhitiwari1328 2 роки тому +1

      sir 3rd chapter ka Q1 to 10 tak nhi samjh raha hai Dpp hints and solution nhi samjh wala part please doubt session clear karna sir

    • @motivationking1137
      @motivationking1137 2 роки тому

      sir mcq ka seprate session la lo

    • @riddhitiwari1328
      @riddhitiwari1328 2 роки тому +1

      sir 5th December se 12th December tak college ka paper hai then CA foundation ka sir kuch strategy or planning se related video banao na please 🙏

  • @radhajoshi69
    @radhajoshi69 Рік тому +10

    This man has an inherited art of grabbing attention❤

  • @snehabhat_003
    @snehabhat_003 Рік тому +21

    Your way of teaching grabs our attention and makes us get interest on the subject
    Tqsm sir ❤

  • @muhammeddilshad3903
    @muhammeddilshad3903 11 місяців тому +6

    To be honest, sir is really intelligent and understand each and every concept.. And discusses only the things which matters.... But most students wants spoon feeding like in case of law lecture class... So that's why there are lot's of unsatisfied students

  • @Paridhi_5412
    @Paridhi_5412 Рік тому +4

    Cost 49:42

  • @mansimarsingh8541
    @mansimarsingh8541 2 роки тому +5

    For all the ones saying that the lecture was shallow and the concepts weren't covered in depth... yeh dekhne ke baad ek baar module read kro... aisi samajh aayengi cheezein ki mazaa aa jaayega. Fir solve kriyo questions. Galat hoga hi nhi koi bhi sum.

  • @theshivanag
    @theshivanag Рік тому +45

    Nice session sir😃
    Thank you for your guidance😊
    All the best to all the CA Aspirants😃🤝😊

  • @sankalptiwari4440
    @sankalptiwari4440 11 місяців тому +14

    i suggest dec 2023 students to get a better insight on internal and external factors of economies , i've seen some tangling questions in MTP[1] and pyqs

  • @anshgupta3978
    @anshgupta3978 2 роки тому +126

    Fact : This lecture is only good for revision.. 🙏

    • @Sagar_Kumar_7095
      @Sagar_Kumar_7095 Рік тому +8

      sahi pakde hai 😂😂😂

    • @Fixit7590
      @Fixit7590 Рік тому +14

      to tu kya expect kar rha he ki sir 1.5 hr me detail me padhaye

    • @Whotaun
      @Whotaun Рік тому +7

      Bhai mei toh pehli bar abhi dekh rha hon 🥺

    • @mr.arfanpathanvlogs4310
      @mr.arfanpathanvlogs4310 Рік тому +1

      @@Whotaun same here😂😂

    • @Whotaun
      @Whotaun Рік тому +1

      @@mr.arfanpathanvlogs4310 🥲🫂

  • @hindistories2567
    @hindistories2567 Рік тому +4

    32:08 tk sb kuchhh thik chal rha tha mere jiwan me, lekin uske baad duniya idhar se udhar ho gyi 🙂🙂

  • @brijeshagrahari2376
    @brijeshagrahari2376 2 роки тому +4

    सर आपके लेक्चर उस बच्चे के लिए सही है जिसका 11 ,12 मे economics subject रहा होगा ,हम लोगो के लिए एकदम नया है ,,इसलिए थोड़ी मुश्किल हो रही है ,,जबकि other subject के लेक्चर काफी असानी से समझ आ जा रहे है

    • @brijeshagrahari2376
      @brijeshagrahari2376 2 роки тому

      और इतना short भी नही करना था

  • @ranjanasingh2004
    @ranjanasingh2004 Рік тому +7

    Sir, your teaching style is amazing 😃....thank you so much🙏

  • @_1Smile.
    @_1Smile. 2 роки тому +4

    Sir sare subjects aaphi padhao na 😀
    Aap bohot aacha padhate ho 😁
    You are the best teacher in this world ❤️🌎😁

  • @JagsirSingh-si6qf
    @JagsirSingh-si6qf Рік тому +6

    Thank you sir
    I am studying all business economics by you
    ❤❤

  • @NithishMudhiraj-ei7ew
    @NithishMudhiraj-ei7ew 19 днів тому +6

    Jan 2025 attendance

  • @ashutoshmallik6160
    @ashutoshmallik6160 2 роки тому +10

    Sir, bhle hi video duration jyda ho jaye lekin sare concept acche se clear krwa do... hm dekh lenge kitne bhi duration video ho....

  • @nagendrayadav3887
    @nagendrayadav3887 2 роки тому +4

    Sir mere institute wale bas paise loot rahe hai thanku soooo much ki aapne correct time pe CA wallah leke aaye mujhe isaki bahot jyada jarurat thi 🥺🥺🥺🥺🥺🥺🥺🥺💖💖💖

  • @BhawaniShankarPrajapat-xk1jl
    @BhawaniShankarPrajapat-xk1jl 3 місяці тому +63

    Sep 2024😂😂

  • @HiteshWrites
    @HiteshWrites 2 роки тому +1

    Dhanyvaad Guruji, Last minute moment par padh raha hoon. Aaj exam hai... Pehle laga tha pass bhi nhi honga but ab lagta hai Top karoonga.

  • @sanket06
    @sanket06 2 роки тому +8

    Lecture should be in more detail .. with your enthusiasm sir 😍

  • @ReshavKumar-ho3eh
    @ReshavKumar-ho3eh 7 днів тому +1

    Thank you 😊 very much for your video 📷

  • @Darkaesthetics4
    @Darkaesthetics4 Місяць тому +1

    This is the 💎 of Commerce

  • @rakshasingh1398
    @rakshasingh1398 Рік тому +2

    Thank you sir 🙏
    Crystal clear ho gya concept
    Aapki teaching style bahut achi h sir 😊
    Revision ho gya sir mera toh ....
    Thank you sir 🙏🙏

  • @uttamyadav-nb3gr
    @uttamyadav-nb3gr 2 роки тому +5

    sir entrepreneur or entrepreneurship ek cheez nahi h alag alag h entrepreneur is a person and entrepreneurship is a process what he do.

  • @yugandharbalsipalli1335
    @yugandharbalsipalli1335 Місяць тому

    49:53 Theory of cost ❤

  • @pratikkkkk............
    @pratikkkkk............ 2 роки тому

    Theory of cost 49:00

  • @Ruak.n
    @Ruak.n 9 місяців тому +2

    29:19

  • @sonaligupta....8597
    @sonaligupta....8597 Рік тому +3

    Best teacher forever......❤❤❤❤

  • @gautampruthi3278
    @gautampruthi3278 Рік тому +4

    Thank you so much sir for your support and guidance

  • @Youwonkme
    @Youwonkme 2 роки тому +2

    Sir itni jaldi jaldi kr wa diye sab topic sir ke upper se gye🙄

  • @Muskan_n12345
    @Muskan_n12345 2 місяці тому +1

    ess chapter mein bhut hi jyada confusion tha but because of love sir yeh confusion bhi solve ho gyi thnku so much ca wallah and love sir 🥺🥺🥺🥺🥺🥺

  • @nakul008
    @nakul008 Рік тому +1

    1:32:40 sir entrepreneur or entreprise me difference hai

  • @vanshjain4682
    @vanshjain4682 2 роки тому +1

    cost chapter 50:06

  • @bhavyasinha1083
    @bhavyasinha1083 6 місяців тому +1

    AMAZING SIR 🎉🎉
    ENERGY OVERLOADED 🎉🎉

  • @artichauhan384
    @artichauhan384 26 днів тому +4

    November 2024😂🥲

  • @nitumonikoiri3966
    @nitumonikoiri3966 Рік тому +2

    Thank you so much sir

  • @DIVYANSHU-y1d
    @DIVYANSHU-y1d 2 роки тому +7

    thanks sir for the timely lecture'

  • @LatesTGamEGameplaY
    @LatesTGamEGameplaY Рік тому +4

    thank you so much sir, you are a blessing for us

  • @praviinprajapati3032
    @praviinprajapati3032 2 роки тому +7

    Thank you so much for teaching 🙂

  • @NandjeeKumar-ps2wj
    @NandjeeKumar-ps2wj 22 дні тому

    11:34 situation instead of solution

  • @rajshree0001
    @rajshree0001 9 місяців тому +2

    Sir your handwriting recognition is much better than others

  • @sakshidhaygode4655
    @sakshidhaygode4655 11 місяців тому +8

    I am able to score 70marks in june 2023 exam!!
    conceptual clarity ✔
    no confusion✔
    THANK YOU SO MUCHH SIR !!!!

    • @pranjalsharma5635
      @pranjalsharma5635 11 місяців тому +1

      Same here yr , I scored 71 , he is really a good teacher

  • @ajgaming6094
    @ajgaming6094 Рік тому +2

    Brother ❤️🥺 tq 🙏🏻❤️

  • @vaishnaviverma9314
    @vaishnaviverma9314 Рік тому +9

    Thanks a lot 😊 nice way of teaching as you focus on more easiest way of examine the mcqs answers

    • @mr_dubey_yt
      @mr_dubey_yt Рік тому +2

      Apka clear hogya ca foundation

  • @shah9783
    @shah9783 2 місяці тому +3

    Revision day before exam😂

  • @CA_SOLUTION
    @CA_SOLUTION Рік тому +2

    Hellooooooo sir 😊 molopoly to price is decided so that it can earn super profit in short run but in perfect competition and monopoly competition it can not earn even much in short run.

  • @Ricky00786
    @Ricky00786 9 місяців тому +1

    Sir apki voice akash chopra jaisi hai
    Specially in 1.5x speed mei
    😮😮😮

  • @nikitasharma7209
    @nikitasharma7209 2 роки тому +4

    🙂🙂thnku sir ..
    When was Dpp is shown in app?

  • @Boju_pujen
    @Boju_pujen Місяць тому

    Extra ordinary teaching sir🫡

  • @AnushkaAgarwal-pz6sg
    @AnushkaAgarwal-pz6sg 6 місяців тому

    Session starts at 2:56

  • @ATIK-UR-REHMAN4522
    @ATIK-UR-REHMAN4522 2 роки тому +3

    Fabulous Explaination

  • @SachinChauhan-rp6hj
    @SachinChauhan-rp6hj Рік тому +1

    Thanks sir 🙏🏻🙏🏻🙏🏻

  • @bananiislam-mg3ri
    @bananiislam-mg3ri Рік тому +1

    Thangs ap bohut acchese sikhaia ho, ap bohut acchee ho

  • @skuller2032
    @skuller2032 2 роки тому +1

    1:19:54
    sir the answer to question 5 is c
    the tractor one

  • @RajivKumar-it8yv
    @RajivKumar-it8yv 9 місяців тому +3

    thank-you sir you are best I know and very good interpretation sir

  • @yawarzahoor4349
    @yawarzahoor4349 2 роки тому +1

    Kyaa baat hai sir... Agar aapki koi aur channel hai economics ki separate tou plz bataayiye....

  • @ehteshamsheikh6853
    @ehteshamsheikh6853 2 роки тому

    46:40 mistake in diagram ..

  • @adityajha4358
    @adityajha4358 2 роки тому +4

    Amazing Lecture sir🥰🙏

  • @factskidduniya
    @factskidduniya 2 роки тому +4

    Amazing session sir
    Loved the session sir

  • @DevKumar_-_21
    @DevKumar_-_21 Рік тому +3

    Thanks a lot sir for this explanation ❤

  • @RahulSingh-mn4cd
    @RahulSingh-mn4cd Рік тому

    Sir aap bahut acche se padathe h

  • @bulletkeshokeen
    @bulletkeshokeen 2 роки тому +3

    sir DPP ma 1 to 9 Question ke option nhi diya ha
    sir please dhyan doo comment pe

  • @VimleshKumar-vv6xo
    @VimleshKumar-vv6xo 2 роки тому +2

    Thanks for sharing this video sir

  • @caaspirants1264
    @caaspirants1264 Рік тому +2

    Immobile-immovable

  • @YASHMISTRY93
    @YASHMISTRY93 2 роки тому +2

    59:31

  • @divyanshuaman2593
    @divyanshuaman2593 2 роки тому +4

    Itna v skip nhi Krna hai sir itni jaldi i kya hai kuch lectures ki duration hi badha do class ki hm kr lenge
    but itna jyada sub topics ko please skip mt kro
    it's my humble request

    • @harekrsna6297
      @harekrsna6297 2 роки тому +1

      Jo parhaya hai utna kafi hai. Why to read unnecessary topics

    • @divyanshuaman2593
      @divyanshuaman2593 2 роки тому

      @@harekrsna6297 मतलब स्टडी मैटेरियल में अनमेसेसरी टॉपिक्स दिया हुआ है?

    • @harekrsna6297
      @harekrsna6297 2 роки тому +1

      @@divyanshuaman2593 kafi irrelevant chize hoti hai bro jo time waste karwati h

    • @harekrsna6297
      @harekrsna6297 2 роки тому +3

      @@divyanshuaman2593 12th aur 11th me hamare economics ke sir bhi love Kaushik sir jaise the. Unhone jitna kuch sikhaya wahi sab exam me aya hai har saal, he was an experienced teacher jinke teaching pattern ko acchi trh se samj gye the humlog. Love Kaushik bhi usk type ke hai. So trust him

    • @divyanshuaman2593
      @divyanshuaman2593 2 роки тому

      @@harekrsna6297 ok

  • @RajivKumar-tn1fg
    @RajivKumar-tn1fg 3 місяці тому

    Thank you 😊 sir I am happy 🎉to see this video which is very informative video for all' student okay 👍🏻 thank you 👍🏻 sir very much 😊😊

  • @The_Mahavirsinh
    @The_Mahavirsinh Рік тому +3

    Very nice lacture sir 😊
    Thanks for your guidance ☺️

  • @shabnamara2636
    @shabnamara2636 7 місяців тому +1

    58:27

  • @neeldantstockmarketguru3021

    Sir active Factor ka mtlb jo kam karne Main laga hai aur use use paisa arha hai
    Passive Factor means kam nhi karna income recipe hona by investment,

  • @suhani_rajput0
    @suhani_rajput0 Рік тому +1

    Sir mobile ko moveable likh skte h...like labour is moveable?

  • @ashwinkalla6172
    @ashwinkalla6172 2 роки тому +2

    Class was best lakin sir aap class ka time Jayda ker sekte he aap kuch jayada faster ho gaya hai kuch contact achi terhe kliyer nhi hue baki thanks for your affects

  • @shreyasharma2917
    @shreyasharma2917 2 роки тому +3

    Sir we really liked the session, but please explain a little more let it take time

  • @udivjasrotia5078
    @udivjasrotia5078 11 місяців тому

    Kya explain krte ho sir❤❤❤

  • @dearrahul9313
    @dearrahul9313 2 роки тому +7

    My favourite faculties of Economics or in CA Wallah by PW. 😍😍😍

  • @dineshkangra6265
    @dineshkangra6265 5 місяців тому

    In the long run, if a very small factory were to expand its scale of operations, it is likely that it would initially experience?

  • @sanika-o3h
    @sanika-o3h 4 місяці тому

    very helpful session thank you sir
    👌🙏🙏💯

  • @Sanjanasahani480
    @Sanjanasahani480 6 місяців тому +1

    thank you so much sir for this video
    😍🥰

  • @muskangupta5872
    @muskangupta5872 2 роки тому +4

    58:39 sir long run mai saare factor variable bn jaate hai but sir aapne ulta bol diya😅😅😅😅

  • @ganeshsingh8350
    @ganeshsingh8350 Рік тому

    Mera 10 ko eco ka exam hai or mujhe bilkul bhi eco samjh nahi as rahi thi but apne bhot ache samjhaya .
    THANK YOU SIR ☺

  • @AyushSharma-jl9hn
    @AyushSharma-jl9hn Рік тому +1

    THANK YOU SIR ❤

  • @Kritika-e2r
    @Kritika-e2r 7 місяців тому

    Thank you sir for this wonderful explanation video 😊

  • @ushajaiswal3682
    @ushajaiswal3682 2 роки тому +15

    Definitely this year the percentage of passing will be increase in CA foundation exams

    • @adarshkumar5354
      @adarshkumar5354 2 роки тому +2

      No bro passing % will be 30%..

    • @satyamchoudhary9049
      @satyamchoudhary9049 2 роки тому

      @@adarshkumar5354 why

    • @adarshkumar5354
      @adarshkumar5354 2 роки тому +1

      @@satyamchoudhary9049 check prvys yr stat....
      For June results passing % R 25%
      For dec. Results passing %R 30%

    • @caaspirant6603
      @caaspirant6603 2 роки тому +1

      ACHA JI 😂😂😂😂😂😂😂😂😂😂

    • @niharpoddar0504
      @niharpoddar0504 2 роки тому

      @@adarshkumar5354 bhai icai vale kuch bhi kr skte hai tere

  • @DeepakKumar-nk5uq
    @DeepakKumar-nk5uq 2 роки тому

    Thank you so much sir
    Numerical me dikkkat aa rehi hai

  • @Jain00098
    @Jain00098 2 місяці тому +1

    Sir to bht change ho gye 😅😅😅

  • @NoobGamer-uk7ff
    @NoobGamer-uk7ff Рік тому

    1:05:00

  • @heaven..7
    @heaven..7 2 роки тому +2

    Thanks alot🥰

  • @forpreparation5457
    @forpreparation5457 2 роки тому +4

    COST 49:46

  • @MittalPrajapati-yd5nd
    @MittalPrajapati-yd5nd Місяць тому

    Thank you so much sir ❤❤❤❤❤

  • @Abhishek435-n3u
    @Abhishek435-n3u 11 місяців тому +8

    Dec. 23 wale kon kon h 😂😂❤❤❤❤

  • @aryan_tripathi_17
    @aryan_tripathi_17 Рік тому

    Amul ya doodh manufacturing company ke liye raw material kya hoga??

  • @nakulbalasaria1639
    @nakulbalasaria1639 2 роки тому +1

    Sir, why most important function of entrepreneur is to innovate not to earn profit

    • @piyushshrivastav7082
      @piyushshrivastav7082 2 роки тому +3

      Because they the enterpreneurs are much more smarter than a business , THE BUSINESS MAN HAVE A PROFIT MOTIVE BUT AN ENTERPRENEUR ALWAYS HAVE AN INNOVATIVE MIND BECAUSE THEY KNEW IT THAT A NEW / INNOVATIVE WILL CHANGE THE WORLD AND GIVE MORE PROFIT IN RETURN OF THAT , SO BASICALLY THE ENTERPRENEURS ARE INDIRECTLY CONNECTED WITH THE PROFIT .

  • @anshbansal3312
    @anshbansal3312 2 роки тому +1

    Sir is chapter ki dpp nhi mil rhi h......