Short Run vs Long Run | Returns to Variable Proportion vs Returns to Scale | CUET UG ECONOMICS скачать в хорошем качестве

Short Run vs Long Run | Returns to Variable Proportion vs Returns to Scale | CUET UG ECONOMICS

In this detailed economics lecture, we clearly explain the difference between Short Run vs Long Run in Economics along with Returns to Variable Proportion and Returns to Scale — one of the most important topics for CUET UG Economics preparation. If you are preparing for CUET UG 2026, Class 12 Economics, or other undergraduate entrance exams, this concept is extremely important for your Microeconomics section. We cover: • Meaning of Short Run and Long Run in production theory • Law of Returns to Variable Proportion (Short Run production) • Returns to Scale (Long Run production) • Increasing, Constant and Decreasing Returns to Scale • Graphical explanation with economic intuition • Concept clarity for CUET UG Economics exam • Important exam-oriented points and conceptual traps This topic is frequently asked in CUET UG Economics, CBSE Class 12 Economics, and other undergraduate entrance exams. Understanding the difference between short run production function and long run production function is crucial for scoring high in Microeconomics. If you are targeting CUET UG Economics 2026, this video will strengthen your base in production theory, cost concepts, and firm behaviour — all core areas of Microeconomics. Perfect for: CUET UG Economics preparation Class 11 & 12 Economics students Microeconomics revision Undergraduate entrance exam aspirants Economics honours students