CUET Business Studies - "Slowly the business is growing as the number of orders are increasing, and the production cost is declining." Which of the following concept is causing the decrease in production cost here? | PYQs + Solutions

CUET Business Studies 2025 14 May Shift 2

Business Studies

Easy

Economies of Sale

Economies of Production

Economies of Scope

Economies of Scale

✅ Correct Option: 4

Related questions:

27 May Shift 2

Match List-I with List-II

List-I	List-II
Entrepreneurial Motivation	Explanation
(A) Need for Affiliation(N-Aff.)	(I) It is a desire for independence and being responsible and accountable to oneself
(B) Need for Achievement (N-Ach.)	(II) It is concerned about influencing people or the behavior of others for moving in thechosen direction.
(C) Need for Autonomy(N-Aut.)	(III) Desire to carry on the tradition of business in the family and the community towhich one belongs.
(D) Need for Power(N-Pow)	(IV) It implies a desire to accomplish something difficult.

Choose the correct answer from the options given below:

3 June Shift 2

"Entrepreneurship is not a mysterious gift or charm and something that happens by chance! It is step by step and a purposeful activity". Identify the characteristic of entrepreneurship highlighted in the aforesaid statement.

21 May Shift 1

The following are part of entrepreneurial motivation, except:

Need for Achievement (N-Ach.)
Need for Power (N-Pow)
Need for Affiliation (N-Aff.)
Need for Profit (N-Pro)

CUET Business Studies 2025 14 May Shift 2 PYQs

Keyboard Shortcuts