Concept of Market and Factor Cost | National Income| Difference Between Market Price and Factor Cost

Concept of Market and Factor Cost | National Income| Difference Between Market Price and Factor Cost

This video explains National income aggregates (Net Domestic Product at Market Price,Net National Product at Market Price, Gross Domestic Product at Factor Cost, Gross national Product at Factor Cost,Net Domestic Product at Factor Cost & Net National Product at Factor Cost ). Video also explains the difference between Market Price & Factor Cost. It covers some practical questions with solution.


Class 12 macroeconomics chapter national income, topics: the concept of market price, the concept of factor cost has been discussed by Chandan Poddar Sir in this video. This video is useful for students looking for a complete understanding of the topic with practical examples.

This video can also be used by students of cs foundation in business economics, cma foundation in fundamentals of economics and management, ca foundation in business economics and business and commercial knowledge and bcom, bba students in business economics and macroeconomics. Apart from this, this video is very useful for mba aspirants, mcom students and other professional courses of commerce.



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