CUET Economics 2025 3 June Shift 2Micro > Medium0.30.30.30.50.50.50.40.40.4−0.3-0.3−0.3✅ Correct Option: 2Related questions:26 May Shift 2Suppose 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?22 May Shift 1Firms can choose where to locate production and workers to choose where to work. There are various immigration laws which restrict the movement of labour between countries. This market is called...2 June Shift 1The 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?