CUET Economics - Which of the following cost curve has the shape of a rectangular hyperbola? | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Micro

Medium

Average Cost Curve.

Marginal Cost Curve.

Average Fixed Cost Curve.

Variable Cost Curve.

✅ Correct Option: 3

Related questions:

29 May Shift 1

Which of the following is an example of Cost-Reduction Technology in a business?

15 May Shift 1

Consider a production function $q = f (x_1, x_2)$ where the firm produces q amount of output using $x_1$ amount of factor 1 and $x_2$ amount of factor 2. Now suppose the firm decides to increase the employment level of both the factors t (t > 1) times.

Identify the correct statement from the following.

15 May Shift 1

Identify the correct sequence for a firm operating in the short run.

(A) Total product increases at a decreasing rate.

(B) Marginal product becomes zero

(D) More and more units of variable factor are employed.

Choose the correct answer from the options given below:

CUET Economics 2025 30 May Shift 1 PYQs

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