Imposition of price ceiling below the equilibrium price leads to__________ Option 1: Excess Supply Option 2: Decreased demand Option 3: Surplus Option 4: Excess Demand

The answer is 'Excess Demand'. View full solution:

CUET Economics - Imposition of price ceiling below the equilibrium price leads to__________ | PYQs + Solutions

CUET Economics 2026 12th May Shift 1

Micro

Easy

Excess Supply

Decreased demand

Surplus

Excess Demand

✅ Correct Option: 4

Related questions:

3 June Shift 2

An individual buys $15$ kg of sugar when its price is Rs. $5$ per kg. When the price increases to Rs. $7$ per kg, the demand goes down to $12$ kg of sugar. What is the price elasticity of demand for sugar?

27 May Shift 2

Let us consider a linear demand curve $q = a - bp$ . On the same demand curve, arrange the elasticity in ascending order.

(A) $|e_D| = 1$ .

(B) $|e_D| < 1$ .

(D) $|e_D| = 0$ .

Choose the correct answer from the options given below:

21st May Shift 1

Match List-I with List-II

List-I	List-II
(A) Zero excess demand and zero excess supply situation occurs in	(I) Wage rate
(B) Imposition of price ceiling below the equilibrium price leads to an	(II) Perfectly competitive market
(C) Where the labour demand and labour supply curves intersect,it determines	(III) Excess supply.
(D) Imposition of price floor above the equilibrium price leads to an	(IV) Excess demand.

Choose the correct answer from the options given below:

CUET Economics 2026 12th May Shift 1 PYQs

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