CUET Economics 2025 13 May Shift 2 PYQs

Arrange 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:

A profit-maximizing firm will attain its equilibrium at that level of output where?

If the total revenue curve of a firm is an upward sloping straight line, then which of the following is true for this firm?