Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) The minimum level of profit that is needed to keep a firm in the existing business. | (I) Super-normal profit |
| (B) Profit that a firm earns over and above the normal profit. | (II) Loss |
| (C) AR < AC | (III) Break even point |
| (D) The point of minimum average cost at which the supply curve cuts the AC curve. | (IV) Normal Profit |
Choose the correct answer from the options given below:
Held on 3 Jun 2025 · Verified 13 Jul 2026.
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (IV), (B) - (I), (C) - (II), (D) - (III)
(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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