Identify the correct sequence of alternatives given in Column II … - Vidyadip

MCQ

Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:

Column I	Column II
A. Market equilibrium	(i) Lowest price fixed by the government for a product
B. Increase in number of consumers	(ii) Equilibrium price and quantity both falls
C. Price floor	(iii) Demand curve shifts to the right
D. Decrease in demand > Decrease in supply	(iv) Market demand = Market supply

A
A - (ii) B - (i) C - (iv) D-(iii)
B
A-(iii), B - (ii) C - (iv) D - (i)
✓
A - (iv) B(iii), C - (i) D - (ii)
D
A - (iv) B - (i) C - (ii) D-(iii)

✓

Answer

Correct option: C.

A - (iv) B(iii), C - (i) D - (ii)

C

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