CUET Economics - Which statement is incorrect in the context of relationship between AVC and SMC? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

As long as AVC is falling, SMC must be less than the AVC.

SMC curve cuts the AVC curve from below at the minimum point of AVC.

As AVC rises, SMC must be greater than the AVC.

SMC curve cuts the AVC curve from below at the minimum point of SMC.

✅ Correct Option: 4

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CUET Economics 2025 29 May Shift 2 PYQs