CUET Economics - If the total revenue curve of a firm is an upward sloping straight line, then which of the following is true for this firm? | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Micro

Medium

Marginal revenue is falling.

Marginal revenue is increasing.

Marginal revenue is always equal to average revenue.

marginal revenue is greater than average revenue.

✅ Correct Option: 3

Related questions:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Total variable cost	(I) TR – (TVC + TFC)
(B) Total Revenue	(II) TVCₙ – TVCₙ₋₁
(C) Profit	(III) Average variable cost × Quantity
(D) Marginal cost	(IV) Price × Quantity

Choose the correct answer from the options given below:

29 May Shift 2

In a production function $q = f(x_1, x_2)$ where the firm produces q output using $x_1$ of factor 1 and $x_2$ of factor 2. Now suppose the firm decides to increase the employment level of both the factors t (t > 1) times. then which among the following is correct?

27 May Shift 2

In inverse 'U'-shaped average product curve; as long as the value of Marginal Product remains higher than the value of the average product, in this condition the average product continues to ..........

CUET Economics 2025 16 May Shift 1 PYQs

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