CUET Economics - In the long run, average cost must be rising as the firm increases output as long as the.......... operates. | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Micro

Medium

Increasing Returns to Scale.

Law of Variable Proportions.

Decreasing Returns to Scale.

Constant Returns to Scale.

✅ Correct Option: 3

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28 May Shift 2

In the short run, some of the factors of production of a firm ......

15 May Shift 1

Match List-I with List-II (TP : TOTAL PRODUCT; L: UNITS OF LABOUR)

Choose the correct answer from the options given below:

22 May Shift 2

Given the production function $f(x_1, tx_2) > tf (x_1, x_2)$ , what it exhibit:

CUET Economics 2025 22 May Shift 1 PYQs