CUET Economics - Imposition of price floors usually lead to following | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Micro

Medium

Excess demand.

Excess supply.

Shortage of goods in the market.

Determination of market equilibrium.

✅ Correct Option: 2

Related questions:

30 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Demand and supply curve shift leftward	(I) Quantity may increase, decrease or remain unchanged and price decreases
(B) Demand and supply curve shift rightward	(II) Quantity may increase, decrease or remain unchanged and price increases
(C) Demand curve shifts leftward and supply curve rightward	(III) Quantity decreases and price may increase, decrease or remain unchanged
(D) Demand curve shifts rightward and supply curve leftward	(IV) Quantity increases and prices may increase, decrease or remain unchanged

Choose the correct answer from the options given below:

15 May Shift 1

Which of the following expressions will be used for calculating excess supply of salt in the market?

30 May Shift 2

How government intervention through price control policy will have an impact on the market?

(A) The government imposed lower limit on the price that may be charged

(B) For certain goods and services, a fall in price below a particular level is not desirable

(D) Government needs to buy the surplus at the predetermined price

Choose the correct answer from the options given below:

CUET Economics 2025 21 May Shift 1 PYQs