Factors Determining National Income
1. Quantity of goods and services produced by the country. Higher the quantity of production, higher shall be the national income.2. Quality of products and services produced in the country…
1. Quantity of goods and services produced by the country. Higher the quantity of production, higher shall be the national income.2. Quality of products and services produced in the country…
There are various factors influencing the economies of scale of an organization. They are generally classified in to two categories as Internal factors and External factors.Internal Factors:1. Labour economies: if the…