Match List-I with List-II | List-I | List-II | |---|---| | (A) Upper limit on price of goods & services | (I) Leads to excess supply. | | (B) Free entry and exit | (II) Equilibrium price = min AC of the firms. | | (C) Marginal revenue product of labor (MRP_L) | (III) Leads to excess demand. | | (D) Lower limit on price of goods & services | (IV) MR x MP_L. | Choose the correct answer from the options given below: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (III), (B) - (II), (C) - (IV), (D) - (I) 3. (A) - (IV), (B) - (III), (C) - (II), (D) - (I) 4. (A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Question

Option 1: (A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Option 2: (A) - (III), (B) - (II), (C) - (IV), (D) - (I)

Option 3: (A) - (IV), (B) - (III), (C) - (II), (D) - (I)

Option 4: (A) - (IV), (B) - (III), (C) - (I), (D) - (II)

AfterBoards · Accepted Answer

The answer is '(A) - (III), (B) - (II), (C) - (IV), (D) - (I)'. View full solution:

CUET Economics 2025 28 May Shift 1 PYQs

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