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Question 24 of 50

CUET Economics

Micro

>

Medium

Larger quantity demanded due to fall in own price of commodity

Larger quantity demanded due to fall in price of substitute goods

Larger quantity demanded due to rise in price of substitute goods

Larger quantity demanded due to rise in own price of commodity

✅ Correct Option: 3

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CUET Economics Past Year Questions (Topic-Wise):

Indian Economic Development

Rural Development
Development Experience of India
Employment
Human Capital Formation
Economic Reforms (1991)
Poverty
Introduction
Sustainable Economic Development
Development Experience (1947-90)

Macro

Introduction
Government Budget
Balance of Payments
Income & Employment
National Income
Money & Banking

Micro

Consumer Behaviour
Production & Costs
Forms of Market
Introduction
Market Equilibrium

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