CUET Economics 2025 30 May Shift 1Micro > Medium150300250600✅ Correct Option: 2Related questions:16 May Shift 1If 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. output123456MC18151012152430 May Shift 2Match List-I with List-II List-IList-II(A) Production function(I) x1αx2βx_1^α x_2^βx1αx2β(B) Constant return to scale(II) α+β=1α + β = 1α+β=1(C) Increasing return to scale(III) α+β<1α + β < 1α+β<1(D) Decreasing return to scale(IV) α+β>1α + β > 1α+β>1 Choose the correct answer from the options given below:13h May Shift 2Which of the following law depict that "Marginal product of a factor input initially rises then after reaching a certain level of employment, it starts falling".