The equation of long-run marginal cost. Option 1: TC/q Option 2: (TC at q₁ units) – (TC at q₁ – 1 units) Option 3: TVC/q Option 4: TFC/q

The answer is '(TC at q₁ units) – (TC at q₁ – 1 units)'. View full solution:

CUET Economics - The equation of long-run marginal cost. | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Micro

Medium

TC/q

(TC at q₁ units) – (TC at q₁ – 1 units)

TVC/q

TFC/q

✅ Correct Option: 2

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