CUET Economics - When the output added by each additional worker is proportionally less, what it shows? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

Marginal product fall and average product rises.

Marginal product rises.

Marginal product falls.

Marginal product rise and average product falls.

✅ Correct Option: 3

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According to the law of variable proportions. Which among the the following option is correct?

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Under perfect competition, for the producer to be in equilibrium:

26 May Shift 2

A firm is operating in a market where it can sell more only by lowering the price of the good. Arrange the changes in total revenue of this firm in a sequential order.

(A) Total revenue falls.

(B) Total revenue starts from origin.

(D) Total revenue reaches its maximum.

Choose the correct answer from the options given below:

CUET Economics 2025 29 May Shift 2 PYQs

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