Millionaire Mode

CPT Economics

Question 1 of 9

If both the supply and the demand show good increase, the market price will ____________.

  1. rise only in the case of an inelastic supply function
  2. fall only in the case of an inelastic supply function
  3. not be predictable with only these facts
  4. rise only in the case of an inelastic demand function
  5. none of these

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000