Advanced Economic Theory
Jhingan, M L
Advanced Economic Theory - 14 - Delhi Vrinda Publication Pvt Ltd 2012 - 748
Economics is a social science which deals with human wants and their satisfaction. It is mainly concerned with the way in which a society chooses to employ its scarce resources which have alternative uses, for the production of goods for present and future consumption. The theory of factor pricing is concerned with the principles according to which the price of each factor of production is determined and distributed. The distribution of factors of production can be of two types, namely personal and functional.
9788182814257
Economics
Demand Theory
Production Theory
Factor Pricing
330 JHI
Advanced Economic Theory - 14 - Delhi Vrinda Publication Pvt Ltd 2012 - 748
Economics is a social science which deals with human wants and their satisfaction. It is mainly concerned with the way in which a society chooses to employ its scarce resources which have alternative uses, for the production of goods for present and future consumption. The theory of factor pricing is concerned with the principles according to which the price of each factor of production is determined and distributed. The distribution of factors of production can be of two types, namely personal and functional.
9788182814257
Economics
Demand Theory
Production Theory
Factor Pricing
330 JHI
