Production is a process of combining various inputs to produce an output for consumption. It is the act of creating output in the form of a commodity or a service which contributes to the utility of individuals.

Theory of Production - Applied Economics

In this “Theory of Production - Applied Economics” you will learn about following topics:

  1. Producer Equilibrium
  2. Cost Minimization
  3. Output Maximization
  4. Cobb-Douglas Production Function
  5. Properties of Cobb-Douglas Production Function
  6. Importance of Cobb-Douglas Production Function

==== Point to Note ====

If you like to contribute, you can mail us BCA Notes, BCA Question Collections, BCA Related Information, and Latest Technology Information at [email protected].

See your article appearing on BCA Notes (Pokhara University) main page with your designation and help other BCA Students to excel.

Please write comments if you find anything incorrect, or you want to share more information about the topic discussed above.

BCA 6th Semester Applied Economics Notes Pdf: