What is the total variable cost for producing 200 vases? Option 1: 300 Option 2: 30,000 Option 3: 60,000 Option 4: 18,000

The answer is '60,000'. View full solution:

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

CUET Economics 2025 30 May Shift 1

Micro

Medium

300

30,000

60,000

18,000

✅ Correct Option: 3

Related questions:

28 May Shift 2

Choose the correct statements in respect of returns to scale.

(A) Decreasing returns to scale occur when a proportional increase in all inputs is less than output.

(B) Constant returns to scale occur when a proportional increase in all inputs is the same as output.

(D) Increasing returns to scale occur when a proportional increase in all inputs is less than output.

Choose the correct answer from the options given below:

13 May Shift 1

The difference between the revenue and cost is known as________

27 May Shift 2

In the short run, the shape of marginal cost, average variable cost and short run average cost curves are: