CUET Economics 2025 26 May Shift 2Micro > MediumExcess demand of 25 units.Excess supply of 25 units.Excess demand for 30 units.Excess supply of 30 units.✅ Correct Option: 3Related questions:28 May Shift 1Match List-I with List-II List-IList-II(A) Price elasticity of demand will be equal to1(I) When expenditure increases with a rise in price.(B) Price elasticity of demand will be equal to 0(II) When expenditure decreases with a rise in price.(C) Price elasticity of demand will be more than 1(III) When the quantity demanded doesn't change with the change in price.(D) Price elasticity of demand will be less than1(IV) When expenditure doesn't change with the change in price. Choose the correct answer from the options given below: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (A) - (III), (B) - (IV), (C) - (II), (D) - (I) (A) - (IV), (B) - (III), (C) - (II), (D) - (I) (A) - (IV), (B) - (III), (C) - (I), (D) - (II) 26 May Shift 2In order to be effective, the price ceiling should be determined _______.3 June Shift 1At a price of ₹8 per unit, the quantity supplied of a commodity is 200 units. If its price elasticity of supply is 1.5, if the price rises to ₹10 per unit, calculate the quantity supplied at the new price?