When supply increases at a rate higher than the rate at which demand increases, then the price will __________.
Increase
Decrease
Remains constant
None of these
The equilibrium price will not change when increase in supply is
Less than the increase in demand
Greater than the increase in demand
Equal to the increase in demand
Less than decrease in demand
The equilibrium price will fall if increase in supply is __________.
Equal to the increase in demand.
In order to protect the interest of the producers, the Government may fix for commodities ___________.
Equilibrium price
Minimum price
Normal price
In the long period, supply can be changed by changing _________.
All factors change
Only variable factor changes
Only fixed factor changes
Variable and fixed factor
When demand and supply fall proportionately, equilibrium price will ____________.
Remain unchanged
Supply remaining the same, an increase in demand will bring out
A fall in price
A rise in price
No change in price
Slowly rise in price
In order to protect the interest of the producers, the Government may fix for commodity's _________.
Maximum price
Above the equilibrium price, ___________.
S<D
S>D
S=D
Government adopts dual marketing to avoid _____________.
Rationing
Private trading
Black marketing