CUET Economics - When Marginal productivity starts decreasing but remains positive , Total Productivity is ______. | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Micro

Medium

Decreasing.

Increases at constant rate.

Increases at Increasing rate.

Increases at diminishing rate.

✅ Correct Option: 4

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At zero level of output ,if the total cost(TC) is 20. What will be the value of the Average Fixed cost (AFC) at the 6th level of output?

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Which of the following statements are correctly explaining the relationship between the marginal revenue (MR) and price elasticity of demand?

(A). Price elasticity is less than 1 when MR is negative.

(B). Price elasticity is more than 1 when MR is negative.

(C). Price elasticity is more than 1 when MR is positive.

(D). Price elasticity is less than 1 when MR is positive.

Choose the correct answer from the options given below:

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CUET Economics 2025 30 May Shift 1 PYQs