CUET Economics - Which of the following is an example of Cost-Reduction Technology in a business? | PYQs + Solutions

CUET Economics 2025 29 May Shift 1

Micro

Easy

Increased advertising cost.

Implementation of a new machine that speeds up production.

Raising prices to increase revenue.

Hiring more employees to expand the business.

✅ Correct Option: 2

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CUET Economics 2025 29 May Shift 1 PYQs