Скачать или смотреть #30 Factor Cost vs Basic Price vs Market Price | Net Production Tax vs Net Product Tax | NCERT CUET

📘 *CUET Economics 2026 – National Income Aggregates: Prices and Taxes Decoded!*

In today’s video, we clear one of the most confusing concepts in the CUET Economics syllabus – the **difference between Net Product Tax and Net Production Tax**, and how they affect:

🔹 *Factor Cost*
🔹 *Basic Prices*
🔹 *Market Prices*

💡 This is a favourite MCQ area in CUET 2025 and often misunderstood by students!

---

🎯 *What You'll Learn:*
What is Net Product Tax (NPT)?
What is Net Production Tax (NPrT)?
Why FC ≠ MP?
The conversion chain:
  *Factor Cost → Basic Price → Market Price*
Common mistakes students make in numerical-based questions

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