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06/04/2021
Scope of Macroeconomics
16/06/2020

Scope of Macroeconomics

In this video i will try to explain Scope of Macro Economics . So if you like please share my video also comments if any improvement required in video. I wil...

Significance of Macroeconomics
16/06/2020

Significance of Macroeconomics

Difference between Micro and macro economics.
16/06/2020

Difference between Micro and macro economics.

08/07/2016

Meaning of Profit:

Profit refers to the excess of receipts from the sale of goods over the expenditure incurred on producing them.

The amount received from the sale of goods is known as ‘revenue’ and the expenditure on production of such goods is termed as ‘cost’. The difference between revenue and cost is known as ‘profit’. For example, if a firm sells goods for Rs. 10 crores after incurring an expenditure of Rs. 7 crores, then profit will be Rs. 3 crores.

28/06/2016

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