When demand curve shift rightward and supply curve shift leftward what impact this will have on pricing? Option 1: Price decreases. Option 2: Remain Same. Option 3: Price increases. Option 4: May increase may decrease.

The answer is 'Price increases.'. View full solution:

CUET Economics - When demand curve shift rightward and supply curve shift leftward what impact this will have on pricing? | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Micro

Medium

Price decreases.

Remain Same.

Price increases.

May increase may decrease.

✅ Correct Option: 3

Related questions:

26 May Shift 2

The market determined price of a good is Rs. 40.The government determines the price ceiling on the good as Rs. 25. Calculate the excess demand/excess supply it will cause if the demand and supply functions are Qd= 200 – p and Qs=120+ p respectively.

30 May Shift 1

Match List-I with List-II

Change in Demand or Supply	Effect on equilibrium price / equilibrium quantity
(A) Increase in demand > Increase in supply	(I) equilibrium price will rise but no change in equilibrium quantity.
(B) Increase in supply when demand is perfectly inelastic	(II) No change in equilibrium price.
(C) Same proportion of increase in demand and supply	(III) equilibrium price will fall but no change in equilibrium quantity.
(D) Increase In demand when supply is perfectly inelastic	(IV) equilibrium price and quantity will rise.

Choose the correct answer from the options given below:

30 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Demand and supply curve shift leftward	(I) Quantity may increase, decrease or remain unchanged and price decreases
(B) Demand and supply curve shift rightward	(II) Quantity may increase, decrease or remain unchanged and price increases
(C) Demand curve shifts leftward and supply curve rightward	(III) Quantity decreases and price may increase, decrease or remain unchanged
(D) Demand curve shifts rightward and supply curve leftward	(IV) Quantity increases and prices may increase, decrease or remain unchanged

Choose the correct answer from the options given below:

CUET Economics 2025 30 May Shift 1 PYQs

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