CUET Economics - Price ceilings are also known as............ | PYQs + Solutions

CUET Economics 2025 26 May Shift 2

Micro

Easy

Price floor.

Random price fixation.

Maximum price fixation.

Minium Support price.

✅ Correct Option: 3

Related questions:

30 May Shift 1

Which of the following are features of a perfect competitive market?

(A) Free entry and exit of firms.

(B) Huge selling cost.

(D) perfect market knowledge among buyers.

Choose the correct answer from the options given below:

27 May Shift 2

In a perfectly competitive market, the marginal revenue curve is?

29 May Shift 1

Which of the following are features of the perfect competition market?

(A) Price taking behavior of firms.

(B) Restriction on entry and exit of firms.

(D) Asymmetric Information.

Choose the correct answer from the options given below:

CUET Economics 2025 26 May Shift 2 PYQs