CUET Economics 2026 21st May Shift 2Micro > Easy10 and 12.510 and 13.33−10 and 12.5−10 and 13.33✅ Correct Option: 1Related questions:14 May Shift 1Match List-I with List-II List–IList–II(A) A proportional increase in all inputs results in an increase in output by a smaller proportion(I) Constant returns to scale(B) A proportional increase in all inputs results in an increase in output by a larger proportion(II) Law of variable proportions(C) A proportional increase in all inputs results in an increase in output by the same proportion(III) Decreasing Returns to Scale(D) Factor proportions change as long as one factor is held constant and the other factors increases(IV) Increasing Returns to Scale Choose the correct answer from the options given below:3 June Shift 2Choose the correct statements considering the relationship between marginal product and average product. (A) Average product and marginal product curve are 'U'shaped. (B) Average product and marginal product curve are inverse 'U'shaped. (C) When the average product increases, the marginal product is greater than the average product. (D) When the average product decreases, the marginal product is less than the average product. Choose the correct answer from the options given below:26 May Shift 2A firm is operating in a market where it can sell more only by lowering the price of the good. Arrange the changes in total revenue of this firm in a sequential order. (A) Total revenue falls. (B) Total revenue starts from origin. (C) Total revenue increases at a diminishing rate. (D) Total revenue reaches its maximum. Choose the correct answer from the options given below: