CUET Economics 2025 26 May Shift 2Micro > EasyThe excess of total revenue over total cost is maximum.Where the excess of total cost over total revenue is maximum.Where the excess of marginal revenue over marginal cost is maximum.Where the excess of marginal cost over marginal revenue is maximum.✅ Correct Option: 1Related questions:15 May Shift 1Choose the incorrect option from the following with reference to production in the short run.30 May Shift 2The point of minimum average cost at which the supply curve cuts the long run average cost curve is called?29 May Shift 1How does an increase in price affect supply?