Returns to scale is related to the long period. Returns to scale refer to the effect of changing the scale of production (i.e., the size of the firm or the level of inputs) on the firm's output. It is analyzed in the long run because in the short run, firms may not be able to adjust all inputs, such as plant size and capital, which is essential for studying the concept of returns to scale.
Making international businesses accessible is the main goal of which of the following organizations?
The number of nominated members in the Lok Sabha by the President.
In which process is a solid substance volatilised by heating and the vapour is condensed back to the solid at a cold surface?
Condensation is one of the processes in the water cycle. Which of the following statementsis true about condensation?
Which institution collaborated with the Bureau of Indian Standards for cooperation in the areas of standardization and conformity assessment in August ...
Which of the following subsequent statement is wrong?
Identify a class of compounds that has a functional group –OH.
In which year was The Reserve Bank of India was established?
Who among the following is the author of the book The Indian Struggle'?
The Tropical Forest Research Institute is situated in which of the cities of the state Madhya Pradesh?
