CUET Economics 2025 2 June Shift 1Micro > MediumAR = MR = AC and AC must be rising.AR = MR = MC and MC must be falling.AR = MR = TC and TC must be rising.AR = MR = MC and MC must be rising.✅ Correct Option: 4Related questions:3 June Shift 2In the short run, the shape of the average fixed cost curve for a typical firm is?30 May Shift 1What will be the average variable cost (AVC) for producing 200 vases?30 May Shift 2in the long run when the average cost is rising, marginal cost must be.