In long run as long as average cost is falling, marginal cost must be less than the ....... Option 1: Total Fixed Cost. Option 2: Average Variable Cost. Option 3: Average cost. Option 4: Total Cost.

The answer is 'Average cost.'. View full solution:

CUET Economics - In long run as long as average cost is falling, marginal cost must be less than the ....... | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Micro

Easy

Total Fixed Cost.

Average Variable Cost.

Average cost.

Total Cost.

✅ Correct Option: 3

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CUET Economics 2025 22 May Shift 1 PYQs

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