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.
What is the main objective of the National Maritime Domain Awareness (NMDA) centre being developed in India?
Who will chair the RBI’s 10-member ’Expert Committee on Benchmarking of its Statistics'?
Which of the following statements about the Clean Plant Programme (CPP) under the Mission for Integrated Development of Horticulture is correct?
Which bank became the first private sector bank to open a branch in Lakshadweep?
The Government of India recently hosted the "Global IndiaAI Summit" in New Delhi. Which ministry organized this summit?
Find the part of the given sentence that has an error in it. If there is no error, choose ‘No error’.
No doubt, human minds are good...
Which company recently launched a new AI text-to-3D generator capable of building 3D models for real-world applications?
What significant event did India's Chandrayaan3 mission achieve?
Which entity transitioned from an NBFC-Core Investment Company (NBFC-CIC) to a Non-Banking Financial Company (Investment and Credit Company) (NBFC-ICC) ...
In which Japanese city was a bust of Mahatma Gandhi unveiled by External Affairs Minister S. Jaishankar?
