CUET Economics 2025 14 May Shift 1Micro > MediumMarginal cost = Total costMarginal cost = Average costMarginal cost < Average costMarginal cost > Average cost✅ Correct Option: 4Related questions:28 May Shift 2In the short run, some of the factors of production of a firm ......13 May Shift 1The difference between the revenue and cost is known as________31 May Shift 1When output increases with the same proportion as increase in inputs, this concept is known by? Marginal diminishing returns. Decreasing return to scale. Increasing return to scale. Constant Return to scale.