List-I | List-II (A) Normal profit | (I) Minimum level of pr... — Economics 2025

Question 71 Economics 2025 Medium MCQ +5.00 marks · -1.00 negative

List-I | List-II (A) Normal profit | (I) Minimum level of profit need by firm to be in business. (B) Shut down point | (II) Minimum level of LRAC curve (C) Break-even point | (III) Profit Over and above normal profit (D) Super-normal profit | (IV) The point on which firm earn only normal profit. Choose the correct answer from the options given below:

A. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) B. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) C. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) D. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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