CUET Economics 2025 13 May Shift 2Micro > Medium(A), (B), (C), (D)(A), (C), (B), (D)(B), (A), (D), (C)(D), (C), (A), (B)✅ Correct Option: 4Related questions:29 May Shift 2Arrange the following statements in chronological sequence about how government intervention in the form of price control has an impact on the market. (A) There will be an excess demand for sugar in the market at that price. (B) Government-imposed upper limit on the price of sugar. (C) Quantity of sugar can be distributed to everyone, through a system of rationing. (D) It could end up creating a shortage of sugar in the market. Choose the correct answer from the options given below:16 May Shift 1In which of the following, the demand for a good will be highly price elastic?3 June Shift 2An individual buys 151515 kg of sugar when its price is Rs. 555 per kg. When the price increases to Rs. 777 per kg, the demand goes down to 121212 kg of sugar. What is the price elasticity of demand for sugar?