CUET Business Studies - When the demand of a product is inelastic, the firm is in a better position to fix: | PYQs + Solutions

CUET Business Studies 2025 24 May Shift 1

Business Studies

Easy

Higher Prices

Lower Prices

Similar prices

Competitive prices

✅ Correct Option: 1

Related questions:

2 June Shift 2

"Concrete steps must be taken to monitor the image of the company in the eyes of the public". Identify the element of promotion mix highlighted in the aforesaid statement.

15 May Shift 2

Match List-I with List-II

List-I	List-II
(Examples)	(Types of products)
(A) Identification given to Product	(I) Trademark
(B) Part of Brand which can be spoken out	(II) Brand Mark
(C) Part of the brand which cannot be spoken out	(III) Brand Name
(D) Registered brand name	(IV) Brand

Choose the correct answer from the options given below:

22 May Shift 1

Which of the following statement is not correct for Public Relations?

CUET Business Studies 2025 24 May Shift 1 PYQs

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