Net National Product is the sum of total final goods produced by an economy in certain time period that is one year ,minus the total capital money incurred for the production of total final goods in an economy for the time period of one year.
(gross national product or GNP) minus depreciation = net national product
A and C Net national product/ depreciation net national product/ capital consumption
A and C Net national product/ depreciation net national product/ capital consumption
Net state Domestic Product = Gross Domestic Product(GDP) - Depreciation
The weight of the product alone without the package.
A and C Net national product/ depreciation net national product/ capital consumption
the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
True. (:
Net National Product
True. (:
True. (: