CUET Economics 2025 29 May Shift 2Micro > Medium(A), (B), (C), (D)(A), (C), (B), (D)(B), (A), (D), (C)(C), (B), (D), (A)✅ Correct Option: 3Related questions:2 June Shift 1The price elasticity of supply of a commodity is 2.5. At a price of Rs.5 per unit, its quantity supplied is 300 units. What will be its quantity supplied at a price of Rs.4 per unit?31 May Shift 1Suppose in the long run, the government imposed a tax on the supply of a commodity. How does it affect the equilibrium quantity of commodity? The quantity of commodity will decrease. The quantity of commodity will increase. The quantity of commodity will remain same. The supply curve will shift rightwards which will decrease quantity of commodity. 26 May Shift 2Match List-I with List-II List-IList-II(A) Increase in demand > Increase in Supply(I) Increase in both equilibrium price and quantity.(B) Increase in demand < Increase in Supply(II) Decrease in both equilibrium price and quantity.(C) Increase in demand = Increase in Supply(III) Decrease in equilibrium price but increase in equilibrium quantity.(D) Decrease in demand < Decrease in supply(IV) Increase in equilibrium quantity but no change in equilibrium price. Choose the correct answer from the options given below: