CUET Economics - For a hypothetical firm, the total cost of producing 5 units of a commodity is Rs. 310 and that of producing 8 units is Rs. 850. If the firm has to spend Rs. 50 even when there is no output, what will be the marginal cost of producing the 8th unit? | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Micro

Medium

Rs. 50

Rs. 180

Rs. 270

Rs. 540

✅ Correct Option: 2

Related questions:

30 May Shift 2

Match List-I with List-II

Choose the correct answer from the options given below:

14 May Shift 1

Which of the following statements are true with regard to the production?

(A) In the short run, at least one of the factors of production remains fixed.

(B) In the long run, all factors of production can be varied.

(D) In the long run, factors of production can be classified into fixed and variable

22 May Shift 2

Which function tells us the relation between inputs and output?

CUET Economics 2025 16 May Shift 1 PYQs