In a factory the costs which increase as output increases are known as
A.Fixed costs
B.Variable costs
C.Total costs line
D.Average fixed costs
E.Average total costs
A.Fixed costs
B.Variable costs
C.Total costs line
D.Average fixed costs
E.Average total costs
A.Bombay
B.Calcutta
C.New Delhi
D.Madras
E.Trivandrum
A.IFCI
B.IDBI
C.FCI
D.IRCI
A.DCM Limited
B.Voltas Ltd
C.IFFCO
D.BARC
A.Combines several different ingredients or assembles numerous component parts to manufacture a product
B.Starts with basic raw materials and breaks it down into various constituent products
C.Is characterized by an uninterupted flow of operations from raw materials to end product
D.Involves operations which are repeated in the same way
E.Involves non-repetitive operations
A.Judging
B.Finding
C.Hiring
D.Matching
E.None of the above
A.A straight line
B.A number enclosed in a circle or a square
C.A straight line with circles at the ends
D.A dotted line
E.An arrow
A.Will induce new firms to begin production
B.Will induce existing firms to produce close substitutes
C.Will induce both new and existing firms to bid resources away from other uses
D.Will increase the value and hence the cost of resources used in producing that good
E.All of the above
A.Skin irritants
B.Noise
C.Contamination
D.Radiation
A.Material is transferred from one machine to another without having to move again along the same path
B.The flow is repeated for completing non-consecutive operations
C.Materials fed at one end and components leave at the other end
D.The feeding to and ejection from the line is at the same end
E.The flow of material is in zig-zag path