At the final level of production, a typical firm observed. Option 1: Increasing returns to scale Option 2: Constant returns to scale Option 3: Decreasing returns to scale Option 4: Total production

The answer is 'Decreasing returns to scale'. View full solution:

CUET Economics - At the final level of production, a typical firm observed. | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Micro

Medium

Increasing returns to scale

Constant returns to scale

Decreasing returns to scale

Total production

✅ Correct Option: 3

Related questions:

30 May Shift 1

Calculate total cost of production for producing 100 vases ?

30 May Shift 2

A firm wishes to maximize its profit, find the correct conditions from the following, that must be held by the firm at q₂ at which its profit is maximum.

(A) The price must be less than the average variable cost

(B) The price must be greater than the average variable cost

(D) The price, p, must equal MC

Choose the correct answer from the options given below:

3 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Total Cost	(I) Change in total cost when an additional unit of output is produced.
(B) Marginal Cost	(II) Vertical summation of Average Fixed Cost (AFC) and Average Variable Cost (AVC) curves.
(C) Fixed Cost	(III) Explicit Costs + Implicit Costs.
(D) Short period Average Cost (AC) Curve	(IV) Does not change with increase or decrease in output.

Choose the correct answer from the options given below:

CUET Economics 2025 14 May Shift 1 PYQs

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