CUET Economics - The shape of the average fixed cost curve is ........................ | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

Upward sloping

Rectangular hyperbola

Vertical

Horizontal

✅ Correct Option: 2

Related questions:

28 May Shift 1

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

Both Inverse 'U' Shaped
Both 'U' Shaped
AP 'U' Shaped and MP Inverse 'U' Shaped
MP 'U' Shaped and AP Inverse 'U' shaped

15 May Shift 1

Choose the incorrect option from the following with reference to production in the short run.

28 May Shift 2

At the market price of Rs 10, a firm supplies 200 units of a good. If the market price increases to Rs 30, and the price elasticity of the firm's supply is 2. Then at new price what quantity will be supplied by the firm?

CUET Economics 2025 29 May Shift 2 PYQs

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