CUET Economics 2025 21 May Shift 1Micro > EasyIncrease the level of output.Decrease the level of output.Should keep the output level constant.Should reduce the price of the product.✅ Correct Option: 1Related questions:26 May Shift 2A 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. (C) Total revenue increases at a diminishing rate. (D) Total revenue reaches its maximum. Choose the correct answer from the options given below: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:3 June Shift 2When the additional unit of input is 'crowded' in the production, the output is proportionally less and............