Arrange the following statements considering the shape of long run marginal costs (LRMC). (A) As output increases, LRAC initially falls (MC AC). (D)…
CUET UG 2025 — Economics Micro
Arrange the following statements considering the shape of long run marginal costs (LRMC).
(A) As output increases, LRAC initially falls (MC < AC).
(B) For the first unit of output, both LRMC and LRAC are the same.
(C) After a certain point, LRAC rises (MC > AC).
(D) LRMC curve is therefore a 'U'-shaped curve.
Choose the correct answer from the options given below:
- (A), (B), (C), (D)
- (B), (A), (C), (D)
- (B), (A), (D), (C)
- (C), (B), (D), (A)
Held on 28 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B), (C), (D)
- B
(B), (A), (C), (D)
- C
(B), (A), (D), (C)
- D
(C), (B), (D), (A)
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