Average fixed cost curve is actually a ................... curve: Option 1: Rectangular Hyperbola Curve. Option 2: L shape Curve. Option 3: 'U' Shaped Curve. Option 4: Downward Straight Line Curve.

The answer is 'Rectangular Hyperbola Curve.'. View full solution:

CUET Economics - Average fixed cost curve is actually a ................... curve: | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Medium

Rectangular Hyperbola Curve.

L shape Curve.

'U' Shaped Curve.

Downward Straight Line Curve.

✅ Correct Option: 1

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Manoj is a seller in a market where more can be sold only by lowering the price of the goods. Which of the following will be true about his revenue.

(A) Total revenue will increase at a constant rate.

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(D) Marginal revenue can be zero at some level of output sold.

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Match List-I with List-II

List-I	List-II
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13 May Shift 2

Set of all possible combinations of the two inputs that yield the same maximum possible level of output is known as.........