After reading this article you will learn about the price policy of public enterprises in India. For a long time, there was no definite price policy prescribed for public enterprises in India. Because, until the adoption of planning, the role of the public sector in India was not very significant. Only a few public utility undertakings like Railways and Posts [...]
After reading this article you will learn about the break-even point of an enterprise. Every enterprise has a break-even point which is the critical criterion of its probable profit range at a given or estimated volume of business. Profit must not be viewed as an earning by chance or luck. It has to be scientifically planned for. An entrepreneur does [...]
After reading this article you will learn about:- 1. Definitions of the Size of a Firm 2. Measures of Size 3. Concepts. Definitions of the Size of a Firm: In an industry there are firms of varying sizes. The costs of production in these firms of different sizes vary. Economists are concerned with the best size of a business unit, [...]