As output increases, what happens to average fixed cost?
Average fixed cost decreases as output increases because fixed costs are spread over a larger number of units. This reduction reflects the cost advantage gained through increased production, diminishing the per-unit cost of fixed expenses like machinery and building leases.
Which of the following sector's activities do NOT produce any goods?
Under the Smile Scheme, Shelter Homes __________ where food, clothing, recreational facilities, skill development opportunities, recreational activities...
Who among the following is/are required to obtain IEC or import-export code?
Which of the following statement is not correct regarding Socio-Economic and Caste Census (SECC)?
Consider the following statements about Shanghai Cooperation Organization:
I. India became a member of SCO in 2017.
II. Turkmenistan has b...
What is the primary objective of the Unified Portal for Agricultural Statistics (UPAg Portal)?
Which state is not amongst the 31 states where Aspirational block program is being implemented?
Which of the following is the prime utility of UMANG App?
Consider the following Statements about:
(1) Self-Help Groups (henceforth SHGs) have emerged to fill the gap in the formal credit system becau...
The Union cabinet has come up with three national-level multi-State Cooperative Societies. These are related to which of the following Sectors?