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- 📌physicswallah.onelink.me/ZAZB/ws3f5al9 ✅CA Foundation Dec 2023 Brahmastra Series - 📌physicswallah.onelink.me/ZAZB/l1fdzxaa
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
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.
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
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 ...
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
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
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.
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
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
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 🥺🥺🥺🥺🥺🥺🥺🥺💖💖💖
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.
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
@@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
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
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 .
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✅Sampurna Pro June 2024-
📌physicswallah.onelink.me/ZAZB/eygu1077
✅Sampurna June 2024-
📌physicswallah.onelink.me/ZAZB/ws3f5al9
✅CA Foundation Dec 2023 Brahmastra Series -
📌physicswallah.onelink.me/ZAZB/l1fdzxaa
Ohhh really 😱😱
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
Thank you so much buddy
❤❤
Bhai tu kitna Vella h
@@goutamsoni997😂😂
@@goutamsoni997😂😂
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.
Nice explanation, thank you so much 😊
Thank you so much😊
Which faculty sir?
salamat rhye
Thanku so much 😅🫡
Who is watching in 2024 like 😂🎉
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
Thats great, i would have to read every single statement of module, here this man made it way easier for me.
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 ...
🙂
Pass hui ?
😂😂😂😂😂😂😂😂oh bhai @@HeheheheYowaimo
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
Sir dpp Mai answer options galat diye hai , but explanation correct answer ka diya so please check kijiye . Students might get confused
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
sir mcq ka seprate session la lo
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 🙏
This man has an inherited art of grabbing attention❤
Your way of teaching grabs our attention and makes us get interest on the subject
Tqsm sir ❤
Exactly
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
Cost 49:42
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.
Kk
Bilkul bekar padhaya hai, isse acha mat hi padhao
Nice session sir😃
Thank you for your guidance😊
All the best to all the CA Aspirants😃🤝😊
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
Thank you brother
Fact : This lecture is only good for revision.. 🙏
sahi pakde hai 😂😂😂
to tu kya expect kar rha he ki sir 1.5 hr me detail me padhaye
Bhai mei toh pehli bar abhi dekh rha hon 🥺
@@Whotaun same here😂😂
@@mr.arfanpathanvlogs4310 🥲🫂
32:08 tk sb kuchhh thik chal rha tha mere jiwan me, lekin uske baad duniya idhar se udhar ho gyi 🙂🙂
Same here🙂🤝
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
और इतना short भी नही करना था
Sir, your teaching style is amazing 😃....thank you so much🙏
Sir sare subjects aaphi padhao na 😀
Aap bohot aacha padhate ho 😁
You are the best teacher in this world ❤️🌎😁
Thank you sir
I am studying all business economics by you
❤❤
Jan 2025 attendance
Sir, bhle hi video duration jyda ho jaye lekin sare concept acche se clear krwa do... hm dekh lenge kitne bhi duration video ho....
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 🥺🥺🥺🥺🥺🥺🥺🥺💖💖💖
😂😂😂😂😂😂😂😂
Same here 🙂
Sahi kaha dost mere yeha bhi wohi hai
Sep 2024😂😂
Ha Bhai 😂
@@NikunjGupta-xo9tq DEKHENGE TO LOVE SIR KA ONE SHOT 😂
@@BhawaniShankarPrajapat-xk1jl nh bhai sir bht short pr achi CHIJJ bata detee h
😅
@@BhawaniShankarPrajapat-xk1jl love sir ka hi smjh aata h 😅😅
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.
Lecture should be in more detail .. with your enthusiasm sir 😍
Thank you 😊 very much for your video 📷
This is the 💎 of Commerce
Thank you sir 🙏
Crystal clear ho gya concept
Aapki teaching style bahut achi h sir 😊
Revision ho gya sir mera toh ....
Thank you sir 🙏🙏
sir entrepreneur or entrepreneurship ek cheez nahi h alag alag h entrepreneur is a person and entrepreneurship is a process what he do.
49:53 Theory of cost ❤
Theory of cost 49:00
29:19
Best teacher forever......❤❤❤❤
Thank you so much sir for your support and guidance
Sir itni jaldi jaldi kr wa diye sab topic sir ke upper se gye🙄
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 🥺🥺🥺🥺🥺🥺
1:32:40 sir entrepreneur or entreprise me difference hai
cost chapter 50:06
AMAZING SIR 🎉🎉
ENERGY OVERLOADED 🎉🎉
November 2024😂🥲
Thank you so much sir
thanks sir for the timely lecture'
thank you so much sir, you are a blessing for us
Thank you so much for teaching 🙂
11:34 situation instead of solution
Sir your handwriting recognition is much better than others
I am able to score 70marks in june 2023 exam!!
conceptual clarity ✔
no confusion✔
THANK YOU SO MUCHH SIR !!!!
Same here yr , I scored 71 , he is really a good teacher
Brother ❤️🥺 tq 🙏🏻❤️
Thanks a lot 😊 nice way of teaching as you focus on more easiest way of examine the mcqs answers
Apka clear hogya ca foundation
Revision day before exam😂
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.
Sir apki voice akash chopra jaisi hai
Specially in 1.5x speed mei
😮😮😮
🙂🙂thnku sir ..
When was Dpp is shown in app?
Extra ordinary teaching sir🫡
Session starts at 2:56
Fabulous Explaination
Thanks sir 🙏🏻🙏🏻🙏🏻
Thangs ap bohut acchese sikhaia ho, ap bohut acchee ho
1:19:54
sir the answer to question 5 is c
the tractor one
thank-you sir you are best I know and very good interpretation sir
Kyaa baat hai sir... Agar aapki koi aur channel hai economics ki separate tou plz bataayiye....
46:40 mistake in diagram ..
Amazing Lecture sir🥰🙏
Amazing session sir
Loved the session sir
Thanks a lot sir for this explanation ❤
Sir aap bahut acche se padathe h
sir DPP ma 1 to 9 Question ke option nhi diya ha
sir please dhyan doo comment pe
Thanks for sharing this video sir
Immobile-immovable
59:31
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
Jo parhaya hai utna kafi hai. Why to read unnecessary topics
@@harekrsna6297 मतलब स्टडी मैटेरियल में अनमेसेसरी टॉपिक्स दिया हुआ है?
@@divyanshuaman2593 kafi irrelevant chize hoti hai bro jo time waste karwati h
@@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
@@harekrsna6297 ok
Thank you 😊 sir I am happy 🎉to see this video which is very informative video for all' student okay 👍🏻 thank you 👍🏻 sir very much 😊😊
Very nice lacture sir 😊
Thanks for your guidance ☺️
58:27
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,
Sir mobile ko moveable likh skte h...like labour is moveable?
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
Sir we really liked the session, but please explain a little more let it take time
Kya explain krte ho sir❤❤❤
My favourite faculties of Economics or in CA Wallah by PW. 😍😍😍
In the long run, if a very small factory were to expand its scale of operations, it is likely that it would initially experience?
very helpful session thank you sir
👌🙏🙏💯
thank you so much sir for this video
😍🥰
58:39 sir long run mai saare factor variable bn jaate hai but sir aapne ulta bol diya😅😅😅😅
Abb app sikhogyii
Sir ko mat sikha
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 ☺
THANK YOU SIR ❤
Thank you sir for this wonderful explanation video 😊
Definitely this year the percentage of passing will be increase in CA foundation exams
No bro passing % will be 30%..
@@adarshkumar5354 why
@@satyamchoudhary9049 check prvys yr stat....
For June results passing % R 25%
For dec. Results passing %R 30%
ACHA JI 😂😂😂😂😂😂😂😂😂😂
@@adarshkumar5354 bhai icai vale kuch bhi kr skte hai tere
Thank you so much sir
Numerical me dikkkat aa rehi hai
Sir to bht change ho gye 😅😅😅
1:05:00
Thanks alot🥰
COST 49:46
Thank you so much sir ❤❤❤❤❤
Dec. 23 wale kon kon h 😂😂❤❤❤❤
Amul ya doodh manufacturing company ke liye raw material kya hoga??
Sir, why most important function of entrepreneur is to innovate not to earn profit
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 .
Sir is chapter ki dpp nhi mil rhi h......