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:

20th May Shift 1

Match List-I with List-II

List-I	List-II
(A) Total Cost (TC)	(I) Total variable cost/ Quantity (TVC/Q)
(B) Average Variable Cost (AVC)	(II) Total Fixed Cost / Quantity (TFC/Q)
(C) Short run average cost (SAC)	(III) Total Variable Cost + Total Fixed Cost.
(D) Average fixed cost (AFC)	(IV) Average Variable Cost + Average Fixed Cost.

Choose the correct answer from the options given below:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) A proportional increase in all inputs results in an increase in output by a smaller proportion	(I) Constant returns to scale
(B) A proportional increase in all inputs results in an increase in output by a larger proportion	(II) Law of variable proportions
(C) A proportional increase in all inputs results in an increase in output by the same proportion	(III) Decreasing Returns to Scale
(D) Factor proportions change as long as one factor is held constant and the other factors increases	(IV) Increasing Returns to Scale

Choose the correct answer from the options given below:

16 May Shift 1

If the marginal cost(MC) of a perfectly competitive firm is as given below and the price of the product is Rs 15, find the profit-maximizing output of the firm.

output	1	2	3	4	5	6
MC	18	15	10	12	15	24

CUET Economics 2025 29 May Shift 2 PYQs

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