this course material is designed and developed by indira...

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This course material is designed and developed by Indira Gandhi National Open

University (IGNOU), New Delhi. OSOU has been permitted to use the material.

Bachelor of Arts (Honours) in

Economics (BAEC)

BEC-1

INTRODUCTORY

MICROECONOMICS - I

Block - 3

Production & Cost Concepts

UNIT-6 THEORY OF PRODUCTION

UNIT-7 THEORY OF COSTS

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