CUET PG PYQs for Production Function with Solutions: Practice CUET PG Previous Year Questions

Content Writer | Journalism Graduate | Updated 3+ months ago

Production Function is an important topic in the Economics section in CUET PG exam. Practising this topic will increase your score overall and make your conceptual grip on CUET PG exam stronger.

This article gives you a full set of CUET PG PYQs for Production Function with explanations for effective preparation. Practice of CUET PG Economics PYQs including Production Function questions regularly will improve accuracy, speed, and confidence in the CUET PG 2026 exam.

CUET PG PYQs for Production Function with Solutions

1.
Assuming that the production function is homogeneous of degree one and Euler’s equation holds, if MPL (marginal product of labour) is greater than APL (average product of labour), then
- MPL will be negative
- MPL will be zero
- MPK will be negative
- MPL and MPK will both be negative
View Solution
2.
Match List-I with List-II:
List-I
List-II
A \( y = ln(x)\) I \(\frac{1}{x}\)
B \(y=\frac{x^2}{4}\) II \(3x^2\)
C \(y=x^3\) III \(\frac{x}{2}\)
D \(y=x+1\) IV \(1\)

Choose the correct answer from the options given below
- A-(I), B-(III), C-(II), D-(IV
- A-(I), B-(III), C-(II), D-(IV)
- A-(I), B-(III), C-(II), D-(IV)
- A-(II), B-(III), C-(I), D-(IV)
View Solution
3.
If Y = F(L,K) is a linear homogeneous production function, then multiplying all inputs by a constant factor α = 2 results in output increasing by a factor of:
- 2
- greater than 2
- less than 2
- 1
View Solution
4.
Which of the following production functions is NOT homogeneous of degree one?
- Q=aL+bK
- \(Q=aL^\frac{3}{4}K\frac{1}{2}\)
- \(Q=23\sqrt{KL}\)
- \(Q=A\left[αL^{-β}+(1-α)K^{-β}\right]^\frac{-1}{β}\)where 0<α<1
View Solution

List-I	List-II
A	\( y = ln(x)\)	I	\(\frac{1}{x}\)
B	\(y=\frac{x^2}{4}\)	II	\(3x^2\)
C	\(y=x^3\)	III	\(\frac{x}{2}\)
D	\(y=x+1\)	IV	\(1\)

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CUET PG PYQs for Production Function with Solutions

1.Assuming that the production function is homogeneous of degree one and Euler’s equation holds, if MPL (marginal product of labour) is greater than APL (average product of labour), then

2.Match List-I with List-II:List-IList-IIA\( y = ln(x)\)I\(\frac{1}{x}\)B\(y=\frac{x^2}{4}\)II\(3x^2\)C\(y=x^3\)III\(\frac{x}{2}\)D\(y=x+1\)IV\(1\)Choose the correct answer from the options given below

3.If Y = F(L,K) is a linear homogeneous production function, then multiplying all inputs by a constant factor α = 2 results in output increasing by a factor of:

4.Which of the following production functions is NOT homogeneous of degree one?

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1.
Assuming that the production function is homogeneous of degree one and Euler’s equation holds, if MPL (marginal product of labour) is greater than APL (average product of labour), then

2.
Match List-I with List-II:
List-I
List-II
A \( y = ln(x)\) I \(\frac{1}{x}\)
B \(y=\frac{x^2}{4}\) II \(3x^2\)
C \(y=x^3\) III \(\frac{x}{2}\)
D \(y=x+1\) IV \(1\)

Choose the correct answer from the options given below

3.
If Y = F(L,K) is a linear homogeneous production function, then multiplying all inputs by a constant factor α = 2 results in output increasing by a factor of:

4.
Which of the following production functions is NOT homogeneous of degree one?