CUET Economics - Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. Floor Price | I. | Decrease in supply | | B. Price ceiling | II. | Setting the minimum price | | C. Leftward shift in supply & demand curve | III. | Increase in demand | | D. Rightward shift in demand and supply curve | IV. | Setting the maximum price | Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2026 31st May Shift 1

Micro

Medium

A-I, B-II, C-III, D-IV

A-II, B-III, C-I, D-IV

A-II, B-I, C-III, D-IV

A-II, B-IV, C-I, D-III

✅ Correct Option: 4

Related questions:

29 May Shift 1

If the price of a good increases from ₹20 to ₹25 and the quantity demanded decreases from 100 units to 80 units, calculate the price elasticity of demand.

28 May Shift 1

Match List-I with List-II

List-I	List-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)

31 May Shift 1

Suppose in the long run, the government imposed a tax on the supply of a commodity. How does it affect the equilibrium quantity of commodity?

The quantity of commodity will decrease.
The quantity of commodity will increase.
The quantity of commodity will remain same.
The supply curve will shift rightwards which will decrease quantity of commodity.

CUET Economics 2026 31st May Shift 1 PYQs

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