NCERT Solutions for Class 12 Micro Economics Chapter 3 - Production and Costs

Class 12 Microeconomics Chapter 3 - Production and Costs are provided here in accordance with NCERT guidelines. These NCERT Solutions cover all the exercises, important questions and answers to help you improve your marks in the board examinations. These NCERT Solutions for Class 12 are prepared by a team of Economics experts, which makes it highly reliable.

The topics covered under chapter 3 - Production and Costs are fundamental functions of production, short run and long run, various factors of production such as total product, marginal product, and average product, the law of diminishing Marginal product and law of variable proportions and much more.

The NCERT Solutions for Class 12 provided at Goprep are presented with simple step by step explanations to clarify your doubts and make you understand easily. All these NCERT Solutions are free of cost and cover the entire syllabus to help you score more marks in Class 12 board examination.