CUET Economics 2025 29 May Shift 2Micro > MediumMarginal product fall and average product rises.Marginal product rises.Marginal product falls.Marginal product rise and average product falls.✅ Correct Option: 3Related questions:3 June Shift 1Chronologically, arrange the following statements in the context of shape of AP curve. (A) MP starts falling, the AP continues to rise as long as MP remains higher than AP. (B) At the first level of output, the MP and the AP are the same. (C) MP fall sufficiently, its value becomes less than the AP and the AP also falls. (D) MP rises, AP being the average of marginal products, also rises, but rises less than MP. Choose the correct answer from the options given below:13 May Shift 1The difference between the revenue and cost is known as________30 May Shift 2The collection of all possible combinations of goods and services that can be produced from a given amount of resources and a given stock of technological knowledge.