CUET Economics - At the present level of production, the marginal revenue exceeds the marginal cost of production. In order to attain equilibrium, the producer should___ | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Micro

Easy

Increase the level of output.

Decrease the level of output.

Should keep the output level constant.

Should reduce the price of the product.

✅ Correct Option: 1

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26 May Shift 2

A 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.

(D) Total revenue reaches its maximum.

Choose the correct answer from the options given below:

15 May Shift 1

Identify the correct sequence for a firm operating in the short run.

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3 June Shift 2

When the additional unit of input is 'crowded' in the production, the output is proportionally less and............

CUET Economics 2025 21 May Shift 1 PYQs

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