CUET Economics - Arrange 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: | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Micro

Medium

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 1

Related questions:

31 May Shift 1

The firm's total variable cost at output q₁ is

13 May Shift 1

Which of the following conditions must hold for a firm to maximise its profit.

(A) Price= Short run marginal Cost

(B) Short Run marginal cost curve is non-decreasing

(D) Price ≥ Average variable cost

Choose the correct answer from the options given below:

28 May Shift 1

The shape of the average product and marginal product curves are...................

CUET Economics 2025 28 May Shift 2 PYQs