CUET Economics 2025 13 May Shift 1Micro > EasyShift to the right.Shift to the left.Remain at same place.Shift in vertical shape.✅ Correct Option: 1Related questions:22 May Shift 2Marginal product (MP) and the average product (AP) curves are inverse 'U'-shaped. which of the following is correct for AP and MP.13 May Shift 1The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called?28 May Shift 2Arrange the following statements in the context of "U" shaped SAC curve. (A) SAC is the sum of AVC and AFC. (B) SAC falls when AVC and AFC decrease. (C) When the fall in AFC is greater than the rise in AVC and SAC is still falling. (D) When a rise in AVC becomes greater than the fall in AFC, SAC rises. Choose the correct answer from the options given below: