Arrange the following statements with reference to the impact of government price regulations on goods within the framework of perfect competition:

A. Subsequently, Government sets minimum prices for these goods and services.

B. For certain goods and services, fall price below a particular level is not desirable.

C. Consequently, Government needs to buy the surplus at the predetermined price.

D. Thus, this leads to an excess supply the market.

Choose the correct answer from the options given below:

'Through the minimum wage legislation, the government ensures that the wage rate of labourer's does not fall below a particular level.'

The said statement implies which of the following concept.

Identify the options which reflect the impact of simultaneous shifts of demand and supply on equilibrium

(A) When demand shift right and supply left, quantity may increase, decrease or remain unchanged but price decreases

(B) When demand and supply shift leftward, quantity decreases but price may increase, decrease or remain unchanged

(C) When demand and supply shift rightward, quantity increases but price may increase, decrease or remain unchanged

(D) When demand shift left and supply right, quantity may increases, decreases or remain unchanged but price decreases

Match List-I with List-II

Choose the correct answer from the options given below:

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

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.

When demand of a commodity is equal to that of its supply in the market then the price of this commodity is called?