Add: ET unit-6 self

This commit is contained in:
hyzen
2026-05-02 01:22:19 +05:30
parent dc267cb61c
commit 0f544645e3
17 changed files with 939 additions and 19 deletions

View File

@@ -321,4 +321,15 @@ purposes. Profits are reinvested to promote their objectives. Example: CRY Found
</h2><p>Explicit costs are direct, out-of-pocket payments that a business or individual makes for the use of resources or services. These costs are tangible, measurable, and recorded in accounting books, including expenses like rent, utility bills, wages, raw materials, and interest on borrowed capital.</p>
<h2 class="heading" id="implicit-cost">
Implicit Cost<span class="heading__anchor"> <a href="#implicit-cost">#</a></span>
&lt;/h2&gt;&lt;p&gt;Implicit costs are not directly paid out or recorded in financial statements, but represent the opportunity costs of using resources owned by the firm or individual. Examples include the forgone salary if an entrepreneur works in their own business instead of being employed elsewhere, or the interest income sacrificed by investing personal funds in the business rather than elsewhere.&lt;/p&gt;</description></item></channel></rss>
&lt;/h2&gt;&lt;p&gt;Implicit costs are not directly paid out or recorded in financial statements, but represent the opportunity costs of using resources owned by the firm or individual. Examples include the forgone salary if an entrepreneur works in their own business instead of being employed elsewhere, or the interest income sacrificed by investing personal funds in the business rather than elsewhere.&lt;/p&gt;</description></item><item><title>Unit 6</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit6/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit6/self/</guid><description>&lt;h3 class="heading" id="may-02-2026"&gt;
&lt;em&gt;&lt;strong&gt;May 02, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#may-02-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="production-function"&gt;
Production Function&lt;span class="heading__anchor"&gt; &lt;a href="#production-function"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The production function states the functional relationship between the factors of production and the number of products.&lt;/p&gt;
&lt;p&gt;Q = f (L, C, N)&lt;br&gt;
Here, Q = Quantity of output, L = labour, C = capital, N = land.&lt;/p&gt;
&lt;h2 class="heading" id="time-elements-in-production-function"&gt;
Time Elements in Production Function&lt;span class="heading__anchor"&gt; &lt;a href="#time-elements-in-production-function"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-short-run"&gt;
A) Short run&lt;span class="heading__anchor"&gt; &lt;a href="#a-short-run"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;In the short run, only some of the inputs can be varied, but not all. Some factors will remain fixed, and some will be variable.&lt;/p&gt;</description></item></channel></rss>