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Question 41 of 50

CUET Economics 2025 14 May Shift 1

Micro

>

Medium

Marginal cost > Average cost

Marginal cost < Average cost

Marginal cost = Average cost

Marginal cost = Total cost

✅ Correct Option: 2

Related questions:

11th May Shift 1

What happens to the total cost (TC) of production if the quantity of output in the production is reduced to 0 (zero)?

Where, TC=Total cost, FC=Fixed Cost, VC=Variable Cost.

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Which of the following law depict that "Marginal product of a factor input initially rises then after reaching a certain level of employment, it starts falling".

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The change in output per unit of change in the input when all other inputs are held constant, is termed as __________.

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CUET Economics Past Year Questions (Topic-Wise):

Indian Economic Development

Development Experience (1947-90)
Development Experience of India
Economic Reforms (1991)
Employment
Human Capital Formation
Introduction
Poverty
Rural Development
Sustainable Economic Development

Macro

Balance of Payments
Government Budget
Income & Employment
Introduction
Money & Banking
National Income

Micro

Consumer Behaviour
Forms of Market
Introduction
Market Equilibrium
Production & Costs

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