CUET Economics 2025 29 May Shift 1 PYQs

Arrange the following statements related to negative externalities in correct sequence

(A) There is an oil refinery which refines crude petroleum and sells it in the market

(B) Pollution harms well-being and also kills fish or other organisms

(C) Production the refinery may also be polluting the nearby river

(D) Such harmful effects that the refinery is inflicting on others, for which it will not bear any cost, are called externalities

In the perfectly competitive market, if 10 packets of bread are sold at the price of Rs. 25 per packet, what will be the total revenue of a bread manufacturer?

1. Rs. 25
2. Rs. 250
3. Rs. 0.4
4. Rs. 2.5

When Government fix the minimum price of any commodity this move of government is known by: