Economics
In a general sense, the science or science that studies the activity or activity of human beings to fulfill their needs and get satisfaction is called Arthashastra. In this way, it studies the human economic needs and the activities to fulfill them. Economics is also called the science of money in other languages. What is the meaning of this statement?
Economics is the study of ordinary business life in humans. It describes the study of the demands of personal and social activities. Which is related to intimate relationship and usage.
The concept of cost is real or real
The supply of any commodity in the market depends on the production cost of that commodity. Generally, the cost of production is lower in the market, so the price of the product is higher in the market. If the cost of production is high, the supply of the good in the market is low. In order to produce any product, land, worship, and organization must be gathered. To get these means, it costs as much as it costs to produce different things. That is called cost. In other words, the cost incurred in producing any product is called cost.
