Home
Class 11
ECONOMICS
Which of the following statements about ...

Which of the following statements about Price Ceiling is accurate ?

A

An effective Price Ceiling must be at a price below the equilibrium price.

B

Price Ceiling will increase the quantity of good supplied.

C

An effective Price Ceiling must be at a price more than the equilibrium price.

D

Price Ceiling will decrease the quantity demanded.

Text Solution

Verified by Experts

The correct Answer is:
(A)
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • PRICE DETERMINATION AND SIMPLE APPLICATIONS

    SANDEEP GARG|Exercise Short Answer Type Questions|20 Videos

  • PRICE DETERMINATION AND SIMPLE APPLICATIONS

    SANDEEP GARG|Exercise Long Answer Type Questions|28 Videos

  • PRICE DETERMINATION AND SIMPLE APPLICATIONS

    SANDEEP GARG|Exercise Very Short Answer Type Questions|22 Videos

  • MAIN MARKET FORMS

    SANDEEP GARG|Exercise Very short|17 Videos

  • PRODUCER'S EQUILIBRIUM

    SANDEEP GARG|Exercise Unsolved Practicals|12 Videos

Similar Questions

Explore conceptually related problems

Which of the following statement about the electron is incorrect ?

Which of the following statements about Be is not correct?

Knowledge Check

  • Which of the following statements about Africa is correct?

    A
    It is separated from Asia by Ural mountains on the West.
    B
    A large part of Africa lies in the Southern Hemisphere.
    C
    It is the only continent through which the Tropic of Cancer, Equator and Tropic of Capricorn passes.
    D
    Gobi desert is located in this continent.

  • Which of the following statements about media is incorrect?

    A
    An important function of mass media is to communicate information to the people
    B
    There is regular Interference on the part of the government in the functioning of media
    C
    Money is earned through advertisement
    D
    The technology that mass media uses keeps a changing

  • Which of the following statements is not about the voids ?

    A
    Octahedral void is formed at the centre of six spheres which lies at the apices of a regular octahedron
    B
    There is one octahedral site for each sphere
    C
    There are two tetrahedral sites for each sphere
    D
    Octahedral voids are formed when the triangular voids in second layer exactly overlap with similar voids in the first layer .

    • Similar Questions

    Explore conceptually related problems

    Which of the following statements about assignments is correct ?

    Which of the following statements about 'Prashasti' is an incorrect statement ?

    Which of the following statements about buffer solutions is wrong?

    Which of the following statements about Jatakas is correct?

    Which of the following statements about 'prasastis' is an incorrect statement ?

    Home
    Profile