business economics fybcom sem 2

fybcom syllabus mumbai university | fybcom semester 2 question paper

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F.Y.B.Com Semester II Business Economics II Q.4 Discuss the long run equilibrium of the firm under perfect competition. ANS: The long run is a period of time which is sufficiently long to allow the firms to make changes in all factors of production. Therefore, it is said that in the long run, all factors of … Read more

Business economics fybcom sem 2 pdf mumbai university

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F.Y.B.COM. SEMESTER – II BUSINESS ECONOMICS – II​ Q.2 Explain how a firm gets profit maximisation under perfect competition. ANS: Profit is the main objective of any firm into business. Each and every firm tries to makes maximum possible profit into the business. Firm earns profit when Total revenue which has earned subtracted from the … Read more