CUET Economics 2025 14 May Shift 1Micro > MediumMarginal cost = Total costMarginal cost = Average costMarginal cost < Average costMarginal cost > Average cost✅ Correct Option: 4Related questions:15 May Shift 1Identify the correct sequence for a firm operating in the short run. (A) Total product increases at a decreasing rate. (B) Marginal product becomes zero (C) Marginal product increases (D) More and more units of variable factor are employed. Choose the correct answer from the options given below:30 May Shift 1Calculate total cost of production for producing 100 vases ?13 May Shift 1Consider the production function q=f(x1,x2)q = f(x_1, x_2)q=f(x1,x2) where the firm produces q amout of output x1x_1x1 amount of factor 1 and x2x_2x2 amount of factor 2. The firm decides to increase the employment level of both the factors t (t > 1). Identify the equation for decreasing returns to scale from the following.