CUET Economics - In 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: | PYQs + Solutions

CUET Economics 2025 26 May Shift 2

Micro

Medium

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

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

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

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

✅ Correct Option: 2

Related questions:

30 May Shift 1

Arrange the stages of price determination in a perfect competition market:

(A) Estimate the market demand and supply.

(B) Firms adjust production to maximize profit.

(D) Short-run profit attracts new firms.

Choose the correct answer from the options given below:

3 June Shift 2

A perfectly competitive market in an economy is categorized by the following features.

(A) Firms are price-takers.

(B) Average revenue is equal to market price.

(D) Marginal revenue is equal to market price.

Choose the correct answer from the options given below:

22 May Shift 1

Arrange a statement of market equilibrium when the demand curve shifts leftward:

(A). The shift indicates that at any price the quantity demanded is less than before.

(B). Some firms will reduce the price of their commodity so that they can sell their desired quantity.

(C). Excess supply will arise.

(D). At the new equilibrium, quantity and price will be less than before.

Choose the correct answer from the options given below:

CUET Economics 2025 26 May Shift 2 PYQs