Match List-I with List-II | List-I | List-II | |---|---| | (A) Production function | (I) x_1^α x_2^β | | (B) Constant return to scale | (II) α + β = 1 | | (C) Increasing return to scale | (III) α + β 1 | Choose the correct answer from the options given below: Option 1: (A) - (II), (B) - (I), (C) - (III), (D) - (IV) Option 2: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) Option 3: (A) - (I), (B) - (II), (C) - (IV), (D) - (III) Option 4: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

The answer is '(A) - (I), (B) - (II), (C) - (IV), (D) - (III)'. View full solution:

CUET Economics - Match List-I with List-II | List-I | List-II | |---|---| | (A) Production function | (I) x_1^α x_2^β | | (B) Constant return to scale | (II) α + β = 1 | | (C) Increasing return to scale | (III) α + β < 1 | | (D) Decreasing return to scale | (IV) α + β > 1 | Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Micro

Medium

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ 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:

14 May Shift 1

Arrange the following in correct sequence to attain equilibrium under perfect competition.

(A) LRMC start rising.

(B) Both LRAC and LRMC fall.

(D) LRMC cuts LRAC from below.

15 May Shift 1

Match List-I with List-II (TP : TOTAL PRODUCT; L: UNITS OF LABOUR)

Choose the correct answer from the options given below: