CUET Economics - Identify the correct sequence to establish the relation between marginal cost and average cost. (A) When Marginal cost falls, average cost also falls. (B) Marginal cost rises but average cost continues to fall. (C) Marginal cost is equal to average cost. (D) Marginal cost rises and average cost also rises. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 15 May Shift 1

Micro

Medium

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

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

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

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

✅ Correct Option: 1

Related questions:

28 May Shift 1

Which of the following statements are correctly explaining the relationship between the marginal revenue (MR) and price elasticity of demand?

(A). Price elasticity is less than 1 when MR is negative.

(B). Price elasticity is more than 1 when MR is negative.

(C). Price elasticity is more than 1 when MR is positive.

(D). Price elasticity is less than 1 when MR is positive.

Choose the correct answer from the options given below:

13 May Shift 2

Set of all possible combinations of the two inputs that yield the same maximum possible level of output is known as.........

15 May Shift 1

Match List-I with List-II (TP : TOTAL PRODUCT; L: UNITS OF LABOUR)

Choose the correct answer from the options given below:

CUET Economics 2025 15 May Shift 1 PYQs