CUET Economics 2025 29 May Shift 1 - In Microeconomics, what does supply refer to? | PYQs + Solutions

CUET Economics 2025 29 May Shift 1

Micro

Easy

The total amount of goods and services which consumers are willing to buy.

The total amount of goods and services which producers are willing to sell at different price.

The total market demand for a product.

The amount of goods produced by the government.

✅ Correct Option: 2

Related questions:

31 May Shift 1

From the following which is incorrect with respect to firm's profit maximization in long run?

22 May Shift 2

Which function tells us the relation between inputs and output?

13 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Relationship between the variable input and output.	(I) Average Product
(B) Output per unit of variable input.	(II) Marginal Product
(C) Change in output per unit of change in the input	(III) Law of variable proportions
(D) The marginal product of a factor input initially rises with its employment level	(IV) Total Product

Choose the correct answer from the options given below:

CUET Economics 2025 29 May Shift 1 PYQs