CUET Economics - Which one of the following fulfills for supply curve of a firm under perfectly competitive market in the long run? | PYQs + Solutions

CUET Economics 2026 21st May Shift 1

Micro

Medium

Rising part of the LRMC curve from and above the minimum point of LRAC

Falling part of the LRAC curve from and above the minimum point of LRMC

Rising part of the LRMC curve from and below the minimum point of LRAC

Rising part of the LRMC curve from and above the maximum point of LRAC

✅ Correct Option: 1

CUET Economics 2026 21st May Shift 1 PYQs