CUET Economics - A firm increased the capital by a unit, which led to a rise in total product from 10 units to 24 units. Further increase in capital in the same quantity leads to an increase in total product to 40 units. What is the difference in change in marginal product? 1. 14 2. 2 3. 30 4. 16 | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Micro

Medium

✅ Correct Option: 2

Related questions:

3 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Total Cost	(I) Change in total cost when an additional unit of output is produced.
(B) Marginal Cost	(II) Vertical summation of Average Fixed Cost (AFC) and Average Variable Cost (AVC) curves.
(C) Fixed Cost	(III) Explicit Costs + Implicit Costs.
(D) Short period Average Cost (AC) Curve	(IV) Does not change with increase or decrease in output.

Choose the correct answer from the options given below:

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 __________.

22 May Shift 1

The set of all possible combinations of the two inputs, labour and capital, that yield the same maximum possible level of output is called...........

CUET Economics 2025 28 May Shift 1 PYQs

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