Match List-I with List-II | List-I | List-II | | --- | --- | | (A) Total revenue | (I) Minimum of LRAC curve. | | (B) Supply | (II) A firm earns only normal profit. | | (C) Shut down point | (III) Market price multiplied by the firm's output. | | (D) Break-even point | (IV) Quantity sold at a given price. | Choose the correct answer from the options given below:

Question

Option 1: (A) - (II), (B) - (I), (C) - (III), (D) - (IV)

Option 2: (A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Option 3: (A) - (I), (B) - (II), (C) - (IV), (D) - (III)

Option 4: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

AfterBoards · Accepted Answer

The answer is '(A) - (III), (B) - (IV), (C) - (I), (D) - (II)'. View full solution:

CUET Economics 2025 3 June Shift 2 PYQs

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