CUET Economics 2025 22 May Shift 1Micro > EasyTotal Product.Marginal Product.Average Product.Marginal Utility.✅ Correct Option: 2Related questions:21 May Shift 1Manoj is a seller in a market where more can be sold only by lowering the price of the goods. Which of the following will be true about his revenue. (A) Total revenue will increase at a constant rate. (B) Average revenue will be more than his marginal revenue at all the levels of output sold. (C) Marginal revenue curve will be downward sloping from left to the right. (D) Marginal revenue can be zero at some level of output sold. Choose the correct answer from the options given below:15 May Shift 1Identify 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:15th May Shift 1Identify the correct statements from the following: A. SMC curve cuts AVC curve from below at the minimum point of AVC B. SMC curve cuts the SAC curve from below at the minimum point of SAC C. Average fixed cost curve is upward sloping D. LRMC curve cuts the LRAC curve from below at the minimum point of LRAC Choose the correct answer from below: