Question
The cost element that remains constant per unit but
varies in total with the level of production is a:Solution
By definition, a variable cost remains constant per unit of output. However, the total variable cost increases or decreases directly in proportion to the level of production. Fixed costs (A) remain fixed in total over a relevant range of activity.
What is the primary objective of the Unified Portal for Agricultural Statistics (UPAg Portal)?
With reference to the ‘dwarf firms’, consider the following statement:
I. Firms employing less than 100 workers.
II. It accoun...
Which of the following Statements about the National Commission for Women is/are True?
I- It is a Constitutional Body.
II- It was set up i...
Quality Council of India (QCI) is jointly set up by Government of India and ____________.
What is the rank of India in Gender Gap report?
Consider the following statements about "New India Literacy Programme" (NILP) and choose the Statements which are correct.
i. The...
What is the minimum land area required to form an organic cluster under PKVY?
What is the key focus of the NCF-SE regarding languages in education?
What is the significance of geo-tagging assets under the e-Panchayat Mission Mode Project (MMP)?
The National Food Security Act (NFSA) 2013, which was passed on July 5, 2013, represents a paradigm shift in the aspect of food security, moving away ...
