Which of the following cost curve has the shape of a rectangular hyperbola? Option 1: Average Cost Curve. Option 2: Marginal Cost Curve. Option 3: Average Fixed Cost Curve. Option 4: Variable Cost Curve.

The answer is 'Average Fixed Cost Curve.'. View full solution:

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

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For a hypothetical firm, the total cost of producing 5 units of a commodity is Rs. 310 and that of producing 8 units is Rs. 850. If the firm has to spend Rs. 50 even when there is no output, what will be the marginal cost of producing the 8th unit?

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CUET Economics 2025 30 May Shift 1 PYQs

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