How government intervention through price control policy will have an impact on the market? (A) The government imposed lower limit on the price that…
CUET UG 2025 — Economics Micro
How government intervention through price control policy will have an impact on the market?
(A) The government imposed lower limit on the price that may be charged
(B) For certain goods and services, a fall in price below a particular level is not desirable
(C) Thereby leading to an excess supply in the market
(D) Government needs to buy the surplus at the predetermined price
Choose the correct answer from the options given below:
Held on 30 May 2025 · Verified 13 Jul 2026.
Options
- A
(B), (A), (C), (D)
- B
(A), (B), (C), (D)
- C
(B), (A), (D), (C)
- D
(C), (B), (D), (A)
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