CUET CUET Economics 2024 - Match List-I with List-II : | PYQs + Solutions

CUET Economics 2024

Economics

Consumer Behaviour & Demand

Easy

Match List-I with List-II
List-I (Characteristic)	List-II (Explanation)
(A) Equilibrium	(I) Plans of all the consumers and firms in the market match
(B) Excess supply	(II) Demand decreases with an increase in income
(C) Inferior good	(III) Supply is greater than market demand
(D) Price ceiling	(IV) Imposition of upper limit by government

Match List-I with List-II :

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Option: 2

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So, (A) - (I), (B) - (III), (C) - (II), (D) - (IV) is the correct match.