CUET-PG SERIES Commerce
Microeconomics
6 previous year questions.
Volume: 6 Ques
Yield: Medium
High-Yield Trend
3
2025 3
2024 Chapter Questions 6 MCQs
01
PYQ 2024
easy
commerce ID: cuet-pg-
For a certain establishment, the total revenue function and the total cost function are given by where is the output. Obtain the output for which profit is maximum.
1
x = 7
2
x = 9
3
x = 8
4
x = 6
02
PYQ 2024
medium
commerce ID: cuet-pg-
It is said to be economies of scale when:
1
Long run average total cost declines as output increases
2
Long run average total cost rises as output increases
3
Long run average total cost does not vary with the level of output
4
Long run fixed cost stays constant as output increases
03
PYQ 2024
medium
commerce ID: cuet-pg-
Which of the following are the determinants for the price elasticity of demand?
(A) Availability of close substitutes
(B) Necessities versus Luxuries
(C) Definition of the market
(D) Time Horizon
(A) Availability of close substitutes
(B) Necessities versus Luxuries
(C) Definition of the market
(D) Time Horizon
1
(A), (B) and (C) only.
2
(A), (B) and (D) only.
3
(A), (B), (C) and (D).
4
(B), (C) and (D) only.
04
PYQ 2025
easy
commerce ID: cuet-pg-
Which of the following are the features of perfect competition?
1
Product Heterogeneity
2
Free entry and exit of firms
3
The firm is a price maker
4
Large number of buyers and sellers
05
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following statements is incorrect?
1
Indifference curves are downward sloping
2
Indifference curves intersect each other
3
Indifference curves are usually convex
4
Consumer preferences are assumed to be transitive
06
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?
1
Debtor
2
Free Rider
3
Willful Defaulter
4
Ungrateful Beneficiary
About Microeconomics - CUET-PG
Microeconomics is a vital chapter for CUET-PG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
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Review the topic breakdown to see which sub-topics within Microeconomics carry the most weight. Then, tackle the questions iteratively to solidify your understanding.