CUET Preparation Today
Study the graph given below and answer the questions.
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Which of the following statement (s) is/are correct? Statement 1: SMC curve cuts the AVC curve at ‘P ’ which is the minimum point of AVC curve. Statement 2: The minimum point of SAC curve is ‘S’ which corresponds to the output q2 . |
Only Statement 1 is correct. Only Statement 2 is correct. Both statements are correct. None of the given statement is correct. |
Both statements are correct. |
The correct answer is Option 3: Both statements are correct. Statement 1: SMC curve cuts the AVC curve at ‘P ’ which is the minimum point of AVC curve. Correct. Statement 2: The minimum point of SAC curve is ‘S’ which corresponds to the output q2 . Correct.
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