Which of the following is least effected by economies of scale?

The benefit that is not used because of using resources in one activity instead of using the same resource in another activity is better called as _____.

Which of the following cost are difficult to plan for from a budgeting perspective.

From the following all are examples of fixed cost except _______ .

Which of the following better describes variable cost ?

Electricity is sold for Rs 12 per kilowatt-hour (kWh) for the first 10,000 units each month and Rs. 9 per kWh for all remaining units. If a company uses 14,000 kWh/month, what is its average cost?

A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were Rs 32 lac and its variable costs were Rs, 16 per unit. What was the company's total cost for the year?

A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were Rs 32 lac and its variable costs were Rs, 16 per unit. What was the company's average fixed cost for the year?

A possible objective for NASA might be to support private-sector tourism in space by 2030. Which of the following issues is best suited for solution by engineering economic analysis?

A transport company want to a new truck, and three competing truck models have been identified. The costs of the three alternatives vary, as well as their benefits (e.g., maximum payload). What economic criterion should be used in selecting a truck for purchase?