CUET Economics 2025 26 May Shift 2Micro > EasyThe marginal product of an input initially rises and then, it starts falling.The marginal product of an input initially falls and then, it starts rising.The marginal product of an input throughout falls.The marginal product remains constant throughout.✅ Correct Option: 1Related questions:28 May Shift 1The shape of the average product and marginal product curves are................... Both Inverse 'U' Shaped Both 'U' Shaped AP 'U' Shaped and MP Inverse 'U' Shaped MP 'U' Shaped and AP Inverse 'U' shaped 3 June Shift 1Match List-I with List-II List-IList-II(A) The minimum level of profit that is needed to keep a firm in the existing business.(I) Super-normal profit(B) Profit that a firm earns over and above the normal profit.(II) Loss(C) AR < AC(III) Break even point(D) The point of minimum average cost at which the supply curve cuts the AC curve.(IV) Normal Profit Choose the correct answer from the options given below:15 May Shift 1Identify the correct sequence for a firm operating in the short run. (A) Total product increases at a decreasing rate. (B) Marginal product becomes zero (C) Marginal product increases (D) More and more units of variable factor are employed. Choose the correct answer from the options given below: