CUET Economics - In inverse 'U'-shaped average product curve; as long as the value of Marginal Product remains higher than the value of the average product, in this condition the average product continues to .......... | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Medium

Fall.

Rise.

Constant.

Zero.

✅ Correct Option: 2

Related questions:

16 May Shift 1

Match List-I with List-II

Choose the correct answer from the options given below:

30 May Shift 2

in the long run when the average cost is rising, marginal cost must be.

29 May Shift 2

Arrange the following statements in chronological order in respect to the impact of a unit tax on supply:

(A) Imposition of unit tax increases the price of commodities.

(B) Increased prices will lead to an increase in LRAC and LRMC.

(D) At any given market price, the firm supplies fewer units of output.

Choose the correct answer from the options given below:

CUET Economics 2025 27 May Shift 2 PYQs