Question

Can you guess why Mishrilal is unable
to increase his profit?​

Answer 1

Answer:

(i) To set up his manufacturing unit Mishrilal needed the following capital (a)Fixed Capital in the form of the sugarcane crushing machine. ... (c) He has to pay for the electricity to run the machine. (d) Since the industry is small scale, production is less and therefore, he is unable to increase his profit