CUET Economics - Given the production function f(x_1, tx_2) > tf (x_1, x_2), what it exhibit: | PYQs + Solutions

CUET Economics 2025 22 May Shift 2

Micro

Medium

Increasing returns to scale.

Constant returns to scale.

Decreasing returns to scale.

Returns to scale.

✅ Correct Option: 1

Related questions:

22 May Shift 1

For the firm to continue to produce, in the long run, price must be greater than the average cost (p > AC) and in the short run, price must be greater than the ......

13 May Shift 2

Set of all possible combinations of the two inputs that yield the same maximum possible level of output is known as.........

31 May Shift 1

When output increases with the larger proportion compare to increase in inputs, this return is called?

Decreasing Return to scale.
Increasing return to scale.
Constant Return to scale.
Diminishing Marginal Product.

CUET Economics 2025 22 May Shift 2 PYQs

Keyboard Shortcuts