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प्रश्न
What is meant by research and development costs?
उत्तर
Research and development costs are the expenses incurred in conducting research on new products, new techniques of production, new marketing methods, and developing new products and techniques. For Example, expenses of a laboratory in a pharmaceutical firm are research costs.
संबंधित प्रश्न
Give economic terms:
The cost incurred on fixed factor.
Give economic terms:
The cost incurred per unit of output.
Give economic term:
Net addition made to the total cost of production.
Explain the concept of total cost and total revenue.
Find the odd word
Cost concepts -
Net addition made to total cost by producing one more unit of output is ______.
Distinguish Between
Total cost and Total revenue
The cost incurred by the firm to promote sales ______
Give an economic term:
The cost incurred on raw material.
Identify and explain the concept from the given illustration:
Hritik paid an additional cost of ₹75 for manufacturing an additional unit of glassware.
