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:

If due to fall in price, total expenditure on the commodity falls, it indicates?

The price elasticity of supply of a commodity is 2.5. At a price of Rs.5 per unit, its quantity supplied is 300 units. What will be its quantity supplied at a price of Rs.4 per unit?

Which of the following is incorrect with reference to the imposition of a price floor for a good?

Excess demand and excess supply can be adjusted by the invisible hand to reach the ________________ .

Firms can choose where to locate production and workers to choose where to work. There are various immigration laws which restrict the movement of labour between countries. This market is called...

Which of the following is a demerit of price ceiling?

(A) Black Marketing.

(B) Stability of income of producers.

(C) Low quality product is offered to consumer.

(D) Standing in long queues to get allocated quota of the commodity.

Choose the correct answer from the options given below: