CUET Economics - In the short run, which of the following condition is mandatory for a firm for its profit maximization at q₀? | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Micro

Medium

Price must be greater than the average cost

The price must be greater than the marginal cost.

Marginal cost must be deceasing at q₀.

Price must be greater than the average variable cost

✅ Correct Option: 4

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CUET Economics 2025 13 May Shift 2 PYQs

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