Choose the correct options from the following in respect of Break-even point(BEP) of a firm- (A) BEP is a point of minimum AVC where the SMC curve cuts the AVC curve. (B) BEP is a point on the supply curve at which a firm earns only normal profit. (C) BEP is possible both in long run and short run. (D) BEP is the point of minimum average cost at which the supply curve cuts the LRAC curve. Choose the correct answer from the options given below:

Question

Option 1: (A), (C) and (D) only

Option 2: (A), (B) and (D) only

Option 3: (B), (C) and (D) only

Option 4: (A), (B) and (C) only

AfterBoards · Accepted Answer

The answer is '(B), (C) and (D) only'. View full solution:

CUET Economics 2026 12th May Shift 1 PYQs

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