CUET Economics 2025 3 June Shift 1 - When both the demand and supply curves shift to indicate an increase in demand and supply in the same proportion. Then: | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Micro

Medium

Only equilibrium price remains unchanged.

Only equilibrium quantity remains unchanged.

Equilibrium price remains unchanged but equilibrium quantity decreases.

Equilibrium price remains unchanged but equilibrium quantity increases.

✅ Correct Option: 4

Related questions:

26 May Shift 2

Suppose the market determined rent for apartments is $200 per month. The government intervenes and sets the rent control at $250 per month. What is the likely impact of this intervention on market of apartments?

2 June Shift 1

The 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?

2 June Shift 1

Which of the following is a demerit of price ceiling?

(A) Black Marketing.

(B) Stability of income of producers.

(D) Standing in long queues to get allocated quota of the commodity.

Choose the correct answer from the options given below:

CUET Economics 2025 3 June Shift 1 PYQs

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