CUET Economics 2025 21 May Shift 1Micro > EasyConsumers.Producers.Both consumers and producers.Government.✅ Correct Option: 2Related questions:22 May Shift 2The government-imposed lower limit on the price that may be charged for a particular good or service. What this lower limit is called ?28 May Shift 1Match List-I with List-II List-IList-II(A) Upper limit on price of goods & services(I) Leads to excess supply.(B) Free entry and exit(II) Equilibrium price = min AC of the firms.(C) Marginal revenue product of labor (MRP_L)(III) Leads to excess demand.(D) Lower limit on price of goods & services(IV) MR x MP_L. Choose the correct answer from the options given below: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (A) - (III), (B) - (II), (C) - (IV), (D) - (I) (A) - (IV), (B) - (III), (C) - (II), (D) - (I) (A) - (IV), (B) - (III), (C) - (I), (D) - (II) 26 May Shift 2In a particular country, there was a severe heatwave. Arrange the following in the sequence of order in context of the market of ice-creams. (A) Rise in the price of ice cream. (B) Supply will remain the same. (C) Competition among the buyers of ice cream inceaseees. (D) The demand for ice cream increases. Choose the correct answer from the options given below: