CUET Economics - Minimum support price of a foodgrain is the example of _______ | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Micro

Easy

Floor Pricing.

Price Ceiling.

Maximum retail Price.

Price Discrimination.

✅ Correct Option: 1

Related questions:

15 May Shift 1

Find the equilibrium price of salt in this market.

15 May Shift 1

If the government imposes a price ceiling of Rs 31 on salt, what will be the volume of excess demand/ supply in the market?

30 May Shift 2

Arrange the following statement in the context of elasticity along a linear demand curve (left to right).

(A) e_d = 1

(B) e_d > 1

(D) e_d < 1

Choose the correct answer from the options given below:

CUET Economics 2025 13 May Shift 2 PYQs