CUET Economics - The problem of 'what to produce' relates to? | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Micro

Easy

The choice of goods and services.

The distribution of income.

The market value of goods and services.

The choice of technique.

✅ Correct Option: 1

Related questions:

30 May Shift 1

If the production is increased to 300 vases, what will happen to Fixed cost per unit?

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Total revenue	(I) Minimum of LRAC curve.
(B) Supply	(II) A firm earns only normal profit.
(C) Shut down point	(III) Market price multiplied by the firm's output.
(D) Break-even point	(IV) Quantity sold at a given price.

Choose the correct answer from the options given below:

21 May Shift 1

Which of the following is/are true about the short run costs?

(A) Marginal cost is the slope of total variable cost.

(B) Average fixed cost curve is a downward sloping rectangular hyperbola.

(D) Average variable cost curve and average cost curve are parallel to each other.

Choose the correct answer from the options given below:

CUET Economics 2025 3 June Shift 1 PYQs