CUET Economics - The firm must employ more of the variable inputs, in order to increase the production of output. Therefore, as output increases | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Micro

Easy

Total Variable Cost and Total Cost increase.

Total Variable Cost and Total Cost decrease.

Total Variable Cost decrease and Total Cost increase.

Total Variable Cost increase and Total Cost decrease.

✅ Correct Option: 1

Related questions:

28 May Shift 1

Arrange the following statements considering the shape of long run marginal costs (LRMC).

(A) As output increases, LRAC initially falls (MC < AC).

(B) For the first unit of output, both LRMC and LRAC are the same.

(D) LRMC curve is therefore a 'U'-shaped curve.

Choose the correct answer from the options given below:

29 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Production function	(I) $f(tx_1, tx_2) > t f(x_1, x_2)$
(B) Constant returns to scale	(II) $f(tx_1, tx_2) < t f(x_1, x_2)$
(C) Increasing returns to scale	(III) $f(x_1, x_2)$
(D) Decreasing returns to scale	(IV) $f(tx_1, tx_2) = t f(x_1, x_2)$

Choose the correct answer from the options given below:

13 May Shift 2

The tendency where marginal productivity first increases then starts falling is known as ______

CUET Economics 2025 28 May Shift 2 PYQs