Correct option is B
The Average Fixed Cost (AFC) curve is not U-shaped; it continuously declines as output increases due to the fixed nature of total fixed costs.
The Average Fixed Cost (AFC) curve is not U-shaped; it continuously declines as output increases due to the fixed nature of total fixed costs.
| List-I (Rural Development Programmes) |
List-II (Year of Starting) |
| (A) Prime Minister Rozgar Yojana |
(I) 2006 |
| (B) Mahatma Gandhi National Rural Employment Guarantee Act |
(II) 1999 |
| (C) Swarnajayanti Gram Swarojgar Yojana |
(III) 1989 |
| (D) Integrated Watershed Development Programme |
(IV) 15th August 1993 |
Suggested Test Series
Suggested Test Series