CUET Economics - The difference between the revenue and cost is known as________ | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Micro

Easy

Cost of Production

Input cost

Marginal Cost

Profit

✅ Correct Option: 4

Related questions:

22 May Shift 1

When more workers are hired, the land begins to get 'crowded'. Each worker now has insufficient land to work efficiently. So the output added by each additional worker is now proportionally less as a result the marginal product begins to __________.

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Land	(I) Interest
(B) Labor	(II) Profit
(C) Capital	(III) Wages
(D) Entrepreneurship	(IV) Rent

Choose the correct answer from the options given below:

22 May Shift 2

Given the production function $f(x_1, tx_2) > tf (x_1, x_2)$ , what it exhibit:

CUET Economics 2025 13 May Shift 1 PYQs

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