CUET Economics - The point on the supply curve at which a firm earns only normal profit is called ........... | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Micro

Easy

Break-even point.

Average Profit.

Long Run Average Cost.

Fixed Cost.

✅ Correct Option: 1

Related questions:

29 May Shift 2

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)

(D) LRAC = TC/q

Choose the correct answer from the options given below:

30 May Shift 1

Calculate total cost of production for producing 100 vases ?

22 May Shift 1

If there is a positive level of output at which a firm's profit is maximized in the short run, that condition must not hold at that output level:

CUET Economics 2025 13 May Shift 1 PYQs