The relationship between an increase in variable input and output when all other inputs are held constant is referred to as. Option 1: Average Product. Option 2: Total Product. Option 3: Marginal Product. Option 4: Physical Product.

The answer is 'Marginal Product.'. View full solution:

CUET Economics - The relationship between an increase in variable input and output when all other inputs are held constant is referred to as. | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Easy

Average Product.

Total Product.

Marginal Product.

Physical Product.

✅ Correct Option: 3

Related questions:

28 May Shift 1

The shape of the average product and marginal product curves are...................

Both Inverse 'U' Shaped
Both 'U' Shaped
AP 'U' Shaped and MP Inverse 'U' Shaped
MP 'U' Shaped and AP Inverse 'U' shaped

26 May Shift 2

A firm is operating in a market where it can sell more only by lowering the price of the good. Arrange the changes in total revenue of this firm in a sequential order.

(A) Total revenue falls.

(B) Total revenue starts from origin.

(D) Total revenue reaches its maximum.

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 2 PYQs

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