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Start learning 50% faster. Sign in nowAn economy of scale is a microeconomic term that refers to factors driving production costs down while increasing the volume of output. There are two types of economies of scale: internal and external economies of scale. Internal economies of scale are firm-specific—or caused internally—while external economies of scale occur based on larger changes outside the firm. Both result in declining marginal costs of production, yet the net effect is the same
Which of the following statements about Chhattisgarh's newly approved Guru Ghasidas-Tamor Pingla Tiger Reserve is incorrect?
Which bank has launched its virtual branch, which will deliver a unique experience of banking to existing and new customers who can now explore the bank...
Yunqing Tang has won the SASTRA Ramanujan Prize for 2022. Yunqing belongs to which country?
According to the data provided by the Reserve Bank of India, bank credit rose by 15 per cent year-on-year (YoY) in 2022-23 (FY23).What was the absolute ...
Recently 19th BIMSTEC ministerial meeting took place. Which among the following countries took chair of the meeting?
Which Country hosted a virtual summit of the leaders of the BRICS countries on June 23.
According to a study, every rupee invested in agricultural research in India yields a return of nearly ₹____.
The Mumbai-based realtor Suraksha Realty is acquiring Jaypee Infratech for a consideration of _____.
Which state's chief minister is YS Jagan Mohan Reddy?
What is the correct statement regarding the government's decision to raise the authorized capital of FCI?
1. The increase in authorized capital w...