CUET Economics 2025 22 May Shift 2 PYQs

For a hypothetical firm, the total cost of producing 5 units of a commodity is Rs. 310 and that of producing 8 units is Rs. 850. If the firm has to spend Rs. 50 even when there is no output, what will be the marginal cost of producing the 8th unit?

If there is a positive level of output at which a firm's profit is maximized in the short run, that condition must not hold at that output level:

What will be the average variable cost (AVC) for producing 200 vases?