CUET Economics 2025 3 June Shift 2 - 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 2

Match List-I with List-II

List-I	List-II
(A) Leftward shift in both the supply and demand curve	(I) Equilibrium price remains unchanged
(B) Rightward shift in both supply and demand curve	(II) Equilibrium quantity increases
(C) Equal percentage of increase in both demand and supply curves	(III) Equilibrium quantity decreases
(D) Shifts in supply curve towards right and demand curve shifts left	(IV) Equilibrium quantity remains unchanged

Choose the correct answer from the options given below:

26 May Shift 2

In order to be effective, the price ceiling should be determined _______.

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:

CUET Economics 2025 3 June Shift 2 PYQs