CUET Economics 2026 13th May Shift 1Micro > Easy(A) - (IV), (B) - (II), (C) - (III), (D) - (I)(A) - (I), (B) - (III), (C) - (II), (D) - (IV)(A) - (I), (B) - (II), (C) - (IV), (D) - (III)(A) - (IV), (B) - (I), (C) - (II), (D) - (III)✅ Correct Option: 4Related questions:3 June Shift 1Identify the incorrect statement regarding price flooring:13 May Shift 2What are the key components of a perfectly competitive market? (A) Large number of buyers and sellers. (B) Homogeneous product. (C) Free Entry and exit. (D) Asymmetric Information. Choose the correct answer from the options given below:27 May Shift 2Public goods, as distinct from private goods, are collectively consumed. Two important features of public goods are: