Match the Pairs Column A Column B 1. Market price above equilibrium (a) Buyers bid up prices as they compete for limited supply 2. Market price…

CA Foundation · Business Economics · MTP · January 2026
Match the Pairs Column A Column B 1. Market price above equilibrium (a) Buyers bid up prices as they compete for limited supply 2. Market price below equilibrium (b) Sellers lower prices to clear unsold inventory 3. Stable equilibrium (c) New equilibrium established at point where new demand equals new supply 4. Shift in both demand and supply (d) Any disturbance is self-correcting and original equilibrium is restored
(A) A. 1-B, 2-A, 3-D, 4-C
(B) B. 1-A, 2-B, 3-D, 4-C
(C) C. 1-A, 2-B, 3-C, 4-D
(D) D. 1-D, 2-A, 3-C, 4-B

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 1-B, 2-A, 3-D, 4-C

Topics: Price Determination in Different Markets

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