CUET Economics 2025 13 May Shift 1 PYQs

Marginal cost curve intersects average cost curve at ..........

in the long run when the average cost is rising, marginal cost must be.

Choose the correct equations in the context of costs.

(A) TFC = AFC × quantity

(B) LRMC = (TC at $q_n$ units) – (TC at $q_{n-1}$ units)

(C) TC = TVC × TFC

(D) LRAC = TC/q

Choose the correct answer from the options given below: