In the above paragraph, which factor is affecting the supply of Coffee? Option 1: Change in consumer's preference. Option 2: Change in price of related goods. Option 3: Advancement of technology. Option 4: Government policy.

The answer is 'Advancement of technology.'. View full solution:

CUET Economics - In the above paragraph, which factor is affecting the supply of Coffee? | PYQs + Solutions

CUET Economics 2025 29 May Shift 1

Micro

Medium

Change in consumer's preference.

Change in price of related goods.

Advancement of technology.

Government policy.

✅ Correct Option: 3

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:

28 May Shift 1

The case where a marginal product is greater than the average product, where?

30 May Shift 2

From the following which production function exhibits increasing returns to scale?