CUET Economics 2025 28 May Shift 1 - What does the rectangle OVBq₀ depicts in the given figure? | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Micro

Medium

Average variable cost

Average cost

Total variable cost

Total cost

✅ Correct Option: 3

Related questions:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) A proportional increase in all inputs results in an increase in output by a smaller proportion	(I) Constant returns to scale
(B) A proportional increase in all inputs results in an increase in output by a larger proportion	(II) Law of variable proportions
(C) A proportional increase in all inputs results in an increase in output by the same proportion	(III) Decreasing Returns to Scale
(D) Factor proportions change as long as one factor is held constant and the other factors increases	(IV) Increasing Returns to Scale

Choose the correct answer from the options given below:

22 May Shift 2

Marginal product (MP) and the average product (AP) curves are inverse 'U'-shaped. which of the following is correct for AP and MP.

28 May Shift 2

At the market price of Rs 10, a firm supplies 200 units of a good. If the market price increases to Rs 30, and the price elasticity of the firm's supply is 2. Then at new price what quantity will be supplied by the firm?

CUET Economics 2025 28 May Shift 1 PYQs

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