If there is excess demand in the market, the price would tend to change. How would the demand change to bring the market back to the equilibrium? Option 1: expansion in demand Option 2: contraction in demand Option 3: shifts the demand curve to the right Option 4: decrease in supply

The answer is 'contraction in demand'. View full solution:

CUET Economics - If there is excess demand in the market, the price would tend to change. How would the demand change to bring the market back to the equilibrium? | PYQs + Solutions

CUET Economics 2026 23rd May Shift 1

Micro

Easy

expansion in demand

contraction in demand

shifts the demand curve to the right

decrease in supply

✅ Correct Option: 2