In the long run marginal cost curve shape is .......... Option 1: 'V'-shaped curve Option 2: Horizontal curve Option 3: 'U'-shaped curve Option 4: Downword Sloping curve

The answer is ''U'-shaped curve'. View full solution:

CUET Economics - In the long run marginal cost curve shape is .......... | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Micro

Easy

'V'-shaped curve

Horizontal curve

'U'-shaped curve

Downword Sloping curve

✅ Correct Option: 3

Related questions:

27 May Shift 2

The marginal product of an input initially rises and then after a certain level of employment, it starts falling, thus MP curve looks like an inverse 'U'- shaped curve. This condition is under ............

28 May Shift 1

Arrange the following statements considering the shape of long run marginal costs (LRMC).

(A) As output increases, LRAC initially falls (MC < AC).

(B) For the first unit of output, both LRMC and LRAC are the same.

(D) LRMC curve is therefore a 'U'-shaped curve.

Choose the correct answer from the options given below:

(A), (B), (C), (D)
(B), (A), (C), (D)
(B), (A), (D), (C)
(C), (B), (D), (A)

30 May Shift 2

The shape of the long-run average cost curve and long-run marginal cost curve.

CUET Economics 2025 14 May Shift 1 PYQs

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