CUET Economics 2025 28 May Shift 1Micro > MediumMP cut AP at MinimumAP remains ConstantAP DecreasesAP Increases✅ Correct Option: 4Related questions:28 May Shift 2Choose the correct statements in respect of returns to scale. (A) Decreasing returns to scale occur when a proportional increase in all inputs is less than output. (B) Constant returns to scale occur when a proportional increase in all inputs is the same as output. (C) In the long run, factors of production are increased by the same proportion, or factors are scaled up. (D) Increasing returns to scale occur when a proportional increase in all inputs is less than output. Choose the correct answer from the options given below:29 May Shift 1The slope of Production Possibility curve is represented by ___________.16 May Shift 1Match List-I with List-II List-IList-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: