CUET Economics 2025 28 May Shift 2Micro > MediumIncrease the price.Decrease the price.Price remain constant.Price may increase or decrease.✅ Correct Option: 1Related questions:13 May Shift 2Minimum support price of a foodgrain is the example of _______15 May Shift 1If the demand for salt increases supply remains the same and the new demand curve is QD=400−pQ_D = 400 - pQD=400−p What will be the new equilibrium price and quantity?16 May Shift 1When the price of a good falls from Rs. 40 to Rs 30, the total revenue earned by the firm falls from Rs. 4000 to Rs. 2700, find price elasticity of supply for the good.