CUET Economics - In the short run, the shape of the average fixed cost curve for a typical firm is? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Medium

Vertical to y-axis.

Downward sloping left to right.

Rectangular hyperbola.

Horizontal to x-axis.

✅ Correct Option: 3

Related questions:

3 June Shift 1

Match List-I with List-II

List-I	List-II
(A) The minimum level of profit that is needed to keep a firm in the existing business.	(I) Super-normal profit
(B) Profit that a firm earns over and above the normal profit.	(II) Loss
(C) AR = AC	(III) Break even point
(D) The point of minimum average cost at which the supply curve cuts the AC curve.	(IV) Normal Profit

Choose the correct answer from the options given below:

29 May Shift 2

In a production function $q = f(x_1, x_2)$ where the firm produces q output using $x_1$ of factor 1 and $x_2$ of factor 2. Now suppose the firm decides to increase the employment level of both the factors t (t > 1) times. then which among the following is correct?

2 June Shift 1

Stages of production are the consequences of:

CUET Economics 2025 3 June Shift 2 PYQs

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