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:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Total variable cost	(I) TR – (TVC + TFC)
(B) Total Revenue	(II) TVCₙ – TVCₙ₋₁
(C) Profit	(III) Average variable cost × Quantity
(D) Marginal cost	(IV) Price × Quantity

Choose the correct answer from the options given below:

15 May Shift 1

Identify the correct sequence to establish the relation between marginal cost and average cost.

(A) When Marginal cost falls, average cost also falls.

(B) Marginal cost rises but average cost continues to fall.

(D) Marginal cost rises and average cost also rises.

Choose the correct answer from the options given below:

15 May Shift 1

Consider a production function $q = f (x_1, x_2)$ where the firm produces q amount of output using $x_1$ amount of factor 1 and $x_2$ amount of factor 2. Now suppose the firm decides to increase the employment level of both the factors t (t > 1) times.

Identify the correct statement from the following.

CUET Economics 2025 30 May Shift 1 PYQs

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