CUET Economics 2025 14 May Shift 1 - Identify the options which reflect the impact of simultaneous shifts of demand and supply on equilibrium (A) When demand shift right and supply left, quantity may increase, decrease or remain unchanged but price decreases (B) When demand and supply shift leftward, quantity decreases but price may increase, decrease or remain unchanged (C) When demand and supply shift rightward, quantity increases but price may increase, decrease or remain unchanged (D) When demand shift left and supply right, quantity may increases, decreases or remain unchanged but price decreases | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Micro

Medium

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 4

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:

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.

31 May Shift 1

When the price elasticity of supply is equal to zero. Then..........

Supply curve is sloping downward.
Supply curve is horizontal.
Supply curve is upwards sloping.
Supply curve is vertical.

CUET Economics 2025 14 May Shift 1 PYQs

Keyboard Shortcuts