Bernoulli's equation is derived on the basis of _______.

Explanation

To answer the question "Bernoulli's equation is derived on the basis of _______", we can follow these steps:

### Step-by-Step Solution:

1. **Understanding Bernoulli's Equation**:
Bernoulli's equation relates the pressure, velocity, and height of a fluid in steady flow. It is expressed mathematically as:
\[
\frac{1}{2} \rho V^2 + \rho g h + P = \text{constant}
...