CUET Economics - What happens to the total cost (TC) of production if the quantity of output in the production is reduced to 0 (zero)? Where, TC=Total cost, FC=Fixed Cost, VC=Variable Cost. | PYQs + Solutions

CUET Economics 2026 11th May Shift 1

Micro

Easy

TC = FC

TC > FC

TC=VC

TC < VC

✅ Correct Option: 1

Related questions:

23rd May Shift 1

The Total Fixed Cost of producing a good is Rs. 20. The Total Cost of producing 3 units of a good is Rs. 44 while that of producing 4 units is Rs. 49. What would be the Marginal Cost of producing the 4th unit of the good?

22 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Normal profit	(I) Minimum level of profit need by firm to be in business.
(B) Shut down point	(II) Minimum level of LRAC curve
(C) Break-even point	(III) Profit Over and above normal profit
(D) Super-normal profit	(IV) The point on which firm earn only normal profit.

Choose the correct answer from the options given below:

13th May Shift 1

Select the correct statements in the context of relation between AP and MP.

(A) As long as the value of MP remains higher than the value of the AP, the AP continues to rise.

(B) When AP falls, MP has to be less than AP.

(D) MP curve cuts AP curve from above at its minimum.

Choose the correct answer from the options given below:

CUET Economics 2026 11th May Shift 1 PYQs

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