CUET Economics - If the government fixed maximum price of produuct below the market price then product will have? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Easy

Increased Supply.

Constant Demand.

Excess Demand.

Decreased Demand.

✅ Correct Option: 3

Related questions:

29 May Shift 1

If the price of a good increases from ₹20 to ₹25 and the quantity demanded decreases from 100 units to 80 units, calculate the price elasticity of demand.

16 May Shift 1

In which of the following, the demand for a good will be highly price elastic?

13 May Shift 2

Arrange the following elasticity degrees along the demand curve in their ascending order.

(A) Elasticity (eD) = 1

(B) Elasticity (eD) > 1

(D) Elasticity (eD) = 0

Choose the correct answer from the options given below:

CUET Economics 2025 3 June Shift 2 PYQs

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