CUET Economics 2025 13 May Shift 2 PYQs

What will be the average variable cost (AVC) for producing 200 vases?

In a production function $q = f(x_1, x_2)$ where the firm produces q output using $x_1$ of factor 1 and $x_2$ of factor 2. Now suppose the firm decides to increase the employment level of both the factors t (t > 1) times. then which among the following is correct?

The change in output per unit of change in the input when all other inputs are held constant, is termed as __________.