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More Commerce Questions
Match the following. List-I List-II a. Fixed costs 1. Fall at first and then rise as the firm approaches full capacity b. Variable costs 2. Continue to fall at rate proportionate with the increase in output c. Total costs 3. Are those costs which do not increase as output increases d. Average total costs 4. Are the amount paid to all the factors employed in producing the output e. Average fixed costs 5. Are those costs which increase as output increase
The expenses that have fallen due for payment but not paid are
. . . . . . . . includes all activities directly related to the sale of goods or services to the ultimate consumer for personal non-business use.
The maximum number of members in a private limited company can be
In case, we see that domestic currency is depreciating, this should be linked with: