In the short run, the shape of marginal cost, average variable cost and short run average cost curves are: Option 1: Concave. Option 2: Downward sloping. Option 3: U- shaped. Option 4: Convex.

The answer is 'U- shaped.'. View full solution:

CUET Economics - In the short run, the shape of marginal cost, average variable cost and short run average cost curves are: | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Easy

Concave.

Downward sloping.

U- shaped.

Convex.

✅ Correct Option: 3

Related questions:

13 May Shift 2

To increase the output by a certain proportion, if inputs need to be increased by more than that proportion, that condition lies in which of the following?

13 May Shift 1

________ of an input is defined as the change in output per unit of change in the input when all other inputs are remain constant.

22 May Shift 2

From the following statements about a firm's supply curve, select the correct statements:

(A) Technological progress is expected to shift the supply curve of a firm to the right.

(B) An increase in input prices is expected to shift the supply curve of a firm to the left.

(D) The imposition of a unit tax shifts the supply curve of a firm to the left.

Choose the correct answer from the options given below:

CUET Economics 2025 27 May Shift 2 PYQs

Keyboard Shortcuts