Abstract:

Manufacturing sector, India, Demand, Manufactured goods, Household consumption, Industrial efficiency, size distribution, non-homothetic preferences, quality, informal sector, income, prices, production, productivity, income levels, elasticity, utility, inputs, wages, economy, costs, trade, unemployment, production function, value, utility function, fixed costs, choice, equilibrium, elasticity of substitution, opportunity cost, engel curve, price levels, development, ndp, consumers, marginal costs, price elasticity, real income, demand curve, marginal cost of production, price indexes, macroeconomic analyses, international trade, average productivity, net domestic product, price elasticity o