CUET Economics 2025 22 May Shift 1Micro > EasyTotal Product.Marginal Product.Average Product.Marginal Utility.✅ Correct Option: 2Related questions:15 May Shift 1Choose the correct options with reference to short-run average costs. (A) Average total cost = total cost / quantity of output (B) Average total cost = average variable cost + average fixed cost (C) Average variable cost = average total cost - average fixed cost (D) Average fixed cost = average variable cost - average cost Choose the correct answer from the options given below:29 May Shift 1Which of the following is an example of Cost-Reduction Technology in a business?29 May Shift 2Match List-I with List-II List-IList-II(A) Production function(I) f(tx1,tx2)>tf(x1,x2)f(tx_1, tx_2) > t f(x_1, x_2)f(tx1,tx2)>tf(x1,x2)(B) Constant returns to scale(II) f(tx1,tx2)<tf(x1,x2)f(tx_1, tx_2) < t f(x_1, x_2)f(tx1,tx2)<tf(x1,x2)(C) Increasing returns to scale(III) f(x1,x2)f(x_1, x_2)f(x1,x2)(D) Decreasing returns to scale(IV) f(tx1,tx2)=tf(x1,x2)f(tx_1, tx_2) = t f(x_1, x_2)f(tx1,tx2)=tf(x1,x2) Choose the correct answer from the options given below: