Option 1: (B), (D), (A), (C) -> This represents the correct chronological sequence of the AP curve shape. Starting with (B) where MP and AP are equal at the first output level, then (D) where both rise but MP rises faster, followed by (A) where MP falls but AP continues rising as MP > AP, and finally (C) where MP falls below AP causing AP to also fall. This sequence correctly describes the typical production relationship where MP initially equals AP, rises above it, then falls below it, causing AP to eventually decline -> correct
Chronologically, arrange the following statements in the context of shape of AP curve. (A) MP starts falling, the AP continues to rise as long as MP…
CUET UG 2025 — Economics Micro
Chronologically, arrange the following statements in the context of shape of AP curve.
(A) MP starts falling, the AP continues to rise as long as MP remains higher than AP.
(B) At the first level of output, the MP and the AP are the same.
(C) MP fall sufficiently, its value becomes less than the AP and the AP also falls.
(D) MP rises, AP being the average of marginal products, also rises, but rises less than MP.
Choose the correct answer from the options given below:
Held on 3 Jun 2025 · Verified 13 Jul 2026.
Options
- A
(B), (D), (A), (C)
- B
(B), (C), (A), (D)
- C
(A), (C), (D), (B)
- D
(C), (B), (D), (A)
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