CUET Economics - 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: | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 4

Related questions:

22 May Shift 2

Suppose that the unit tax imposed by the government is Rs 50. Then, if the firm produces and sells 100 units of the good, the total tax that the firm must pay to the government is ...................

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:

(A), (B), (C), (D)
(B), (A), (C), (D)
(B), (A), (D), (C)
(C), (B), (D), (A)

31 May Shift 1

From the following which is incorrect with respect to firm's profit maximization in long run?

Price = Long Run Marginal Cost
LRMC is first decreasing and then increasing
Price = Short Run Marginal Cost
Price ≥ Long Run Average Variable Cost

CUET Economics 2025 29 May Shift 2 PYQs

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