CUET Economics - If all the resources are used in the production of cloth, the curve which gives the maximum amount of cloth produced in the economy for any given amount of machine is called? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Medium

Production Possibility Set.

Production Possibility Frontier.

Isoquant Curve.

Indifference Curve.

✅ Correct Option: 2

Related questions:

3 June Shift 2

Choose the correct statements considering the relationship between marginal product and average product.

(A) Average product and marginal product curve are 'U'shaped.

(B) Average product and marginal product curve are inverse 'U'shaped.

(D) When the average product decreases, the marginal product is less than the average product.

Choose the correct answer from the options given below:

29 May Shift 2

Which statement is incorrect in the context of relationship between AVC and SMC?

28 May Shift 2

When the output is zero in the short run. Which of the following costs are undefined?

CUET Economics 2025 3 June Shift 2 PYQs