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UM
Question Practice

When is the government likely to intervene in a market situation?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

When is the government likely ...

Single Answer MCQ
Q-00130566

When is the government likely to intervene in a market situation?

1

When there is excessive consumer demand without supply

2

When private prices are regulated by market forces

3

When prices are unfairly high or low for consumers and producers

4

When production exceeds consumer demand

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