CUET Economics 2025 3 June Shift 1 PYQs

The firm must employ more of the variable inputs, in order to increase the production of output. Therefore, as output increases

in the long run when the average cost is rising, marginal cost must be.

In given production function $q = f(x_1, x_2)$ what is depicted by $f(tx_1, tx_2) < tf(x_1, x_2)$.