If the marginal rate of transformation is constant throughout, the production Possibilities Frontier will be Option 1: Downward sloping and concave to the origin. Option 2: Downward sloping and convex to the origin. Option 3: Downward sloping and linear. Option 4: Upward sloping straight line.

The answer is 'Downward sloping and linear.'. View full solution:

CUET Economics - If the marginal rate of transformation is constant throughout, the production Possibilities Frontier will be | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Micro

Medium

Downward sloping and concave to the origin.

Downward sloping and convex to the origin.

Downward sloping and linear.

Upward sloping straight line.

✅ Correct Option: 3

Related questions:

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:

28 May Shift 1

Which of the following statements are correctly explaining the relationship between the marginal revenue (MR) and price elasticity of demand?

(A). Price elasticity is less than 1 when MR is negative.

(B). Price elasticity is more than 1 when MR is negative.

(C). Price elasticity is more than 1 when MR is positive.

(D). Price elasticity is less than 1 when MR is positive.

Choose the correct answer from the options given below:

22 May Shift 1

The change in output per unit of change in the input when all other inputs are held constant, is termed as __________.