CUET Economics 2025 16 May Shift 1 - Match List-I with List-II | List-I | List-II | |---|---| | (A) Excess demand | (I) Supernormal profits | | (B) Excess supply | (II) Perfect competition | | (C) Entry of new firms in the market | (III) Price tends to fall | | (D) Price taker | (IV) Price tends to rise | Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Micro

Medium

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

✅ Correct Option: 1

Related questions:

13 May Shift 2

What are the key components of a perfectly competitive market?

(A) Large number of buyers and sellers.

(B) Homogeneous product.

(D) Asymmetric Information.

Choose the correct answer from the options given below:

16 May Shift 1

Which of the following is not a feature of perfect competition?

29 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Perfect Competition	(I) No change in equilibrium price
(B) Increase in Demand= Decrease in Supply	(II) Price taking Behavior
(C) Increase in Demand > Decrease in Supply	(III) Decrease in equilibrium price
(D) Increase in Supply > Decrease in Demand	(IV) Increase in equilibrium price

Choose the correct answer from the options given below:

CUET Economics 2025 16 May Shift 1 PYQs