CUET Economics - If the demand for salt increases supply remains the same and the new demand curve is Q_D = 400 - p What will be the new equilibrium price and quantity? | PYQs + Solutions

CUET Economics 2025 15 May Shift 1

Micro

Medium

Rs 90

Rs 80

Rs 70

Rs 60

✅ Correct Option: 1

Related questions:

21 May Shift 1

The market determined price of a good is Rs. 40.The government fixes the minimum price of the good as Rs. 50. Calculate the excess demand/excess supply it will cause if the demand and supply functions are Qd = 200 – p and Qs = 120 + p respectively.

2 June Shift 1

If due to fall in price, total expenditure on the commodity falls, it indicates?

22 May Shift 1

The price elasticity of demand is different at different points on the linear demand curve. Arrange the elasticity point on a downward sloping (left to right) demand curve.

(A). |ed| < 0

(B). |ed| = 1

(C). |ed| > 1

(D). |ed| < 1

Choose the correct answer from the options given below:

CUET Economics 2025 15 May Shift 1 PYQs

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