Match List-I with List-II | List-I | List-II | |---|---| | (A) Total Cost (TC) | (I) Total variable cost/ Quantity (TVC/Q) | | (B) Average Variable Cost (AVC) | (II) Total Fixed Cost / Quantity (TFC/Q) | | (C) Short run average cost (SAC) | (III) Total Variable Cost + Total Fixed Cost. | | (D) Average fixed cost (AFC) | (IV) Average Variable Cost + Average Fixed Cost. | Choose the correct answer from the options given below:

Question

Option 1: (A) - (I), (B) - (III), (C) - (II), (D) - (IV)

Option 2: (A) - (IV), (B) - (II), (C) - (III), (D) - (I)

Option 3: (A) - (III), (B) - (II), (C) - (IV), (D) - (I)

Option 4: (A) - (III), (B) - (I), (C) - (IV), (D) - (II)

AfterBoards · Accepted Answer

The answer is '(A) - (III), (B) - (I), (C) - (IV), (D) - (II)'. View full solution:

List-I	List-II
(A) Relationship between the variable input and output.	(I) Average Product
(B) Output per unit of variable input.	(II) Marginal Product
(C) Change in output per unit of change in the input	(III) Law of variable proportions
(D) The marginal product of a factor input initially rises with its employment level	(IV) Total Product

CUET Economics 2026 20th May Shift 1 PYQs

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