CUET Economics - Choose correct statements from the following with reference to short-run cost curves: (A) AVC and AC curves are 'U'-shaped. (B) SMC curve cuts the AVC curve from below at the minimum point of AVC. (C) AVC curve cuts the SMC curve from below at the minimum point of SMC. (D) SMC curve is 'U' -shaped. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2026 13h May Shift 2

Micro

Medium

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 1

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in the long run when the average cost is rising, marginal cost must be.

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Choose the correct answer from the options given below:

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Choose the correct answer from the options given below:

CUET Economics 2026 13h May Shift 2 PYQs