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:15 May Shift 1Identify the correct sequence to establish the relation between marginal cost and average cost. (A) When Marginal cost falls, average cost also falls. (B) Marginal cost rises but average cost continues to fall. (C) Marginal cost is equal to average cost. (D) Marginal cost rises and average cost also rises. Choose the correct answer from the options given below:28 May Shift 2Arrange the following statements in the context of "U" shaped SAC curve. (A) SAC is the sum of AVC and AFC. (B) SAC falls when AVC and AFC decrease. (C) When the fall in AFC is greater than the rise in AVC and SAC is still falling. (D) When a rise in AVC becomes greater than the fall in AFC, SAC rises. Choose the correct answer from the options given below:22 May Shift 1If there is a positive level of output at which a firm's profit is maximized in the short run, that condition must not hold at that output level: