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Short Run Cost Curves are one of the most frequently tested topics in economics board exams, yet students often lose marks even after drawing correct diagrams. In this video, I analyze five real board-exam questions on cost curves and explain exactly where students lose marks, using examiner feedback and marking logic. You’ll learn: • What to write for 2-mark and 3-mark cost curve questions • Common mistakes examiners report year after year • How to correctly explain MC, AC, AFC, AVC, TC and TVC • Why diagrams alone are not enough to score full marks • How to convert a correct diagram into a high-scoring board answer ⏱️ Timestamps – Problem-wise Walkthrough 00:00 Introduction – Why marks are lost in cost curves 00:50 Question 1 – Shape of the MC curve (2 marks) 01:56 Question 2 – TFC & AFC curves explained (3 marks) 03:44 Question 3 – TC vs TVC, ATC vs AVC (3 marks) 05:23 Question 4 – Numerical cost table (3 marks) 08:14 Question 5 – Relationship between AC and MC (3 marks) 09:38 Examiner’s checklist & final exam tips This lesson is especially useful for students preparing for: Undergraduate Microeconomics AP Microeconomics ISC Class 12 Economics CBSE Class 12 Economics IGCSE / A-Level Economics CUET and other competitive exams 🔁 Recap Videos (Recommended Before or After Watching) ▶️ Short Run Cost Curves: TFC, TVC & TC • Short Run Cost Curves in Economics | TFC, ... ▶️ AFC, AVC, ATC & MC Explained with Diagrams • Short Run Cost Curves Explained | AFC, AVC... Use the cards and links above to revise concepts before attempting exam-style questions. 📚 Clear explanations, examiner logic, and exam strategy — all in one place. #CostCurves #EconomicsExams #Microeconomics #IGCSEEconomics #APMicroeconomics #CBSEClass12 #ISCEconomics