CUET Economics 2025 31 May Shift 1 - When output increases with the larger proportion compare to increase in inputs, this return is called? 1. Decreasing Return to scale. 2. Increasing return to scale. 3. Constant Return to scale. 4. Diminishing Marginal Product. | PYQs + Solutions

CUET Economics 2025 31 May Shift 1

Micro

Easy

Decreasing Return to scale.

Increasing return to scale.

Constant Return to scale.

Diminishing Marginal Product.

✅ Correct Option: 2

Related questions:

13 May Shift 1

How does technological progress affect the firms' supply curve?

28 May Shift 2

At the market price of Rs 10, a firm supplies 200 units of a good. If the market price increases to Rs 30, and the price elasticity of the firm's supply is 2. Then at new price what quantity will be supplied by the firm?

15 May Shift 1

Identify the correct sequence for a firm operating in the short run.

(A) Total product increases at a decreasing rate.

(B) Marginal product becomes zero

(D) More and more units of variable factor are employed.

Choose the correct answer from the options given below:

CUET Economics 2025 31 May Shift 1 PYQs

Keyboard Shortcuts