Average Fixed Cost (AFC) is indicated by? Option 1: A rectangular hyperbola. Option 2: A straight line parallel to X axis. Option 3: A straight line parallel to Y axis. Option 4: A U- shaped curve.

The answer is 'A rectangular hyperbola.'. View full solution:

Avera>= Fixed Cost (AFC) is indicated by?

A straight line paral<=l to X axis.

A straight line paral<=l to Y axis.

CUET Economics - Average Fixed Cost (AFC) is indicated by? | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Micro

Medium

A rectangular hyperbola.

A straight line parallel to X axis.

A straight line parallel to Y axis.

A U- shaped curve.

✅ Correct Option: 1

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Arrange the given statements to show the impact on a firm's supply curve due to its determinants.

(A) Organisational innovation allows the firm to use fewer units of inputs.

(B) Any factor that affects a firm's marginal cost curve is a determinant of its supply curve.

(D) The marginal cost will shift downward.

Choose the correct answer from the options given below:

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CUET Economics 2025 2 June Shift 1 PYQs

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