Define Or Explain the Following Concepts Total Output - Economics

Define or explain the following concepts

Total output

Solution

The total output refers to the total production or value of goods and services produced in a country. It is an important determinant of economic growth and development. Higher the output, higher is the economic growth.

Concept: Measurement of Elasticity of Demand

Is there an error in this question or solution?

2013-2014 (March)

Q 2.1.2 Q 2.1.1 Q 2.1.3

Advertisement Remove all ads

APPEARS IN

2013-2014 (March) (with solutions)

Q 2.1.2 | 2 marks

Advertisement Remove all ads

Video TutorialsVIEW ALL [1]

view
Video Tutorials For All Subjects
Measurement of Elasticity of Demand

video tutorial00:06:19

Advertisement Remove all ads

Notifications

View all notifications

My Profile

My Profile [view full profile]

why create a profile on Shaalaa.com?
1. Inform you about time table of exam.
2. Inform you about new question papers.
3. New video tutorials information.

View in app×

Define Or Explain the Following Concepts Total Output - Economics

SolutionShow Solution

APPEARS IN

Video TutorialsVIEW ALL [1]

Select a course

My Profile

Solution