What is the fixed cost for producing 200 vases? Option 1: 40000 Option 2: 20,000 Option 3: 10,000 Option 4: 50,000

The answer is '20,000'. View full solution:

CUET Economics - What is the fixed cost for producing 200 vases? | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Micro

Easy

40000

20,000

10,000

50,000

✅ Correct Option: 2

Related questions:

21 May Shift 1

If the supply curve of a good cuts the price axis in its positive range and as we extend the straight line, it cuts the quantity-axis at its negative range, the elasticity of supply for the good will be:

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

30 May Shift 2

As long as decreasing returns to scale operates, as the firm increases output, the average cost must be ................

CUET Economics 2025 30 May Shift 1 PYQs

Keyboard Shortcuts