CUET Economics - The shape of the long-run average cost curve and long-run marginal cost curve. | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Micro

Medium

Only LRAC is U shaped.

LRAC is U shaped and LRMC upward sloping.

Rectangular hyperbole.

U shaped.

✅ Correct Option: 4

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CUET Economics 2025 30 May Shift 2 PYQs