CUET Economics 2025 30 May Shift 1Micro > EasyThere will be parallel increase in fixed cost and variable cost.Fixed cost will also increase.Fixed cost will not change.Fixed cost will decrease.✅ Correct Option: 4Related questions:21 May Shift 1If the supply curve of a good cuts the price axis in its positive range and as we extend the straight line, it cuts the quantity-axis at its negative range, the elasticity of supply for the good will be:22 May Shift 2From the following statements about a firm's supply curve, select the correct statements: (A) Technological progress is expected to shift the supply curve of a firm to the right. (B) An increase in input prices is expected to shift the supply curve of a firm to the left. (C) A decrease in input prices is expected to shift the supply curve of a firm to the left. (D) The imposition of a unit tax shifts the supply curve of a firm to the left. Choose the correct answer from the options given below:28 May Shift 1The 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