CUET Economics - Arrange the following statement of government intervention in the form of price control. (A) The government sets floors or minimum prices for these goods and services. (B) A fall in price below a particular level is not desirable. (C) The price charged for a particular good or service is called the price floor. (D) The government imposed a lower limit on the price. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Medium

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 3

Related questions:

27 May Shift 2

Arrange the following statement when the market demand curve shifts rightward with the supply curve remaining unchanged.

(A) The shift indicates that at any price the quantity demanded is more than before.

(B) Some individuals will be willing to pay higher price and the price would tend to rise.

(D) At the new equilibrium, quantity and price will be greater than before.

Choose the correct answer from the options given below:

29 May Shift 1

If the price of a good increases from ₹20 to ₹25 and the quantity demanded decreases from 100 units to 80 units, calculate the price elasticity of demand.

26 May Shift 2

Imposition of price ceilings usually results into?

CUET Economics 2025 27 May Shift 2 PYQs

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