CUET Economics - The set of all possible combinations of the two inputs that yield the same maximum possible level of output is known as........... | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

Isocost.

Indifference curve.

Isoquant.

Budget line.

✅ Correct Option: 3

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If there is a positive level of output at which a firm's profit is maximized in the short run, that condition must not hold at that output level:

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The difference between the revenue and cost is known as________

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Match List-I with List-II

Choose the correct answer from the options given below:

CUET Economics 2025 29 May Shift 2 PYQs