CUET Economics - As long as average cost is falling | PYQs + Solutions

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:

29 May Shift 1

The slope of Production Possibility curve is represented by ___________.

16 May Shift 1

Which of the following is true regarding supply of a commodity?

(A) Technological progress leads to a decrease in the supply of a commodity.

(B) When the price of inputs rises, the supply curve of the good shifts to the left.

(D) Imposition of a unit tax on a firm shifts the supply curve of the goods produced by the firm to the left.

Choose the correct answer from the options given below:

2 June Shift 1

What does break even point indicate?

CUET Economics 2025 14 May Shift 1 PYQs