Practice

Questions

Pick a topic and practice with clear explanations.

CUET

Match List-I with List-II [Table: List-I, List-II - (A) Increase in demand > Increase in supply, (I) equilibrium price will rise but no change in equilibrium quantity.; (B) Increase in supply when demand is perfectly inelastic, (II) No change in equilibrium price.; (C) Same proportion of increase in demand and supply, (III) equilibrium price will fall but no change in equilibrium quantity.; (D) Increase in demand when supply is perfectly inelastic, (IV) equilibrium price and quantity will rise.] Choose the correct answer from the options given below: 1. (A) - (IV), (B) - (III), (C) - (II), (D) - (I) 2. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 3. (A) - (III), (B) - (II), (C) - (IV), (D) - (I) 4. (A) - (IV), (B) - (I), (C) - (II), (D) - (III)