Question
The reasons for L-shaped long run average cost curve
is/areSolution
The L-shape of the long-run average cost curve implies that in the beginning when output is expanded through increase in plant size and associated variable factors, cost per unit falls rapidly due to economies of scale.
Which of the following numbers is divisible by 4?
What of the following is/are the achievements of the Non cooperation movement at that time?
1.   Communal harmony in the country
2. �...
Which of the following statements is/are incorrect in regards to Mahila Samman Bachat Patra?
1.Women will get a 7.5% interest p.a. for the one-ti...
In the following number-pairs, the second number is obtained by applying certain mathematical operations to the first number. Which numbers should repla...
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Under which Act it is mandatory to establish a "Court of Inquiry"?
Which of the following is not the indicator of Human Development Index?
Who among the following is the author of the book 'The Little Book of Encouragement'?
Who among the following said, “The most perfect system of government is the one that produces the greatest possible happiness, the highest level of so...
What types of activities can be undertaken by associations or unions under the right to form associations or unions?
     I.       ...
