CUET Economics 2025 2 June Shift 1 PYQs

Which one of the following leads to the law of variable proportions?

1. One factor is constant.
2. Some factors are more efficient than others.
3. Specialisation of factors.
4. None of the factors are constant.

Identify the correct statements from the following:

(A) As long as MP>AP, the average Product (AP) can rise even when the Marginal Product (MP) is falling.

(B) The law of variable proportions operates only if the factor ratio happens to change.

(C) Total Product (TP) must increase no matter if there are increasing or decreasing returns to a factor.

(D) Marginal Product (MP) = Average Product (AP), when AP is maximum.

Choose the correct answer from the options given below:

Which function tells us the relation between inputs and output?