CUET Economics 2025 22 May Shift 2Micro > Medium(A) - (I), (B) - (II), (C) - (III), (D) - (IV)(A) - (I), (B) - (III), (C) - (II), (D) - (IV)(A) - (I), (B) - (II), (C) - (IV), (D) - (III)(A) - (III), (B) - (IV), (C) - (I), (D) - (II)✅ Correct Option: 1Related questions:3 June Shift 1Match List-I with List-II List-IList-II(A) Total Cost(I) Change in total cost when an additional unit of output is produced.(B) Marginal Cost(II) Vertical summation of Average Fixed Cost (AFC) and Average Variable Cost (AVC) curves.(C) Fixed Cost(III) Explicit Costs + Implicit Costs.(D) Short period Average Cost (AC) Curve(IV) Does not change with increase or decrease in output. Choose the correct answer from the options given below:26 May Shift 2A profit-maximizing firm will attain its equilibrium at that level of output where?21 May Shift 1Which of the following is/are true about the short run costs? (A) Marginal cost is the slope of total variable cost. (B) Average fixed cost curve is a downward sloping rectangular hyperbola. (C) Average variable cost curve is a U shaped curve. (D) Average variable cost curve and average cost curve are parallel to each other. Choose the correct answer from the options given below: