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CUET · MATHS · PYQ PAPER 2023

The following statements are made on the basis of given graph.
(A) OB represents the cost function.
(B) MA represents the cost function.
(C) Loss occurs at x = 5.
(D) Loss occurs at x = 15.
(E) Profit occurs at x = 10.
image

  1. A A and D only
  2. B B and C only
  3. C B and E only
  4. D C only
Verified Solution

Answer & Solution

Correct Answer

(B) B and C only

Step-by-step Solution

Detailed explanation

Line OB represents the Revenue function. Line MA represents the Cost function. Statement (B) is True. At x = 5, Cost (MA) is above Revenue (OB) ⟹ Loss occurs. Statement (C) is True. At x = 10, Cost (MA) = Revenue (OB) ⟹ Break-even. Statement (E) is False. At x = 15, Revenue (OB)…
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