Micro

Consumer Behaviour

Medium

In the Linear Demand Curve AB, the elasticity of demand ( $e_D$ ) at point D can be measured geometrically by the formula __________.

$e_D = \frac{DA}{DB}$

$e_D = \frac{DB}{DA}$

$e_D = \frac{BK}{KA}$

$e_D = \frac{KA}{BK}$

✅ Correct Option: 1

On a linear demand curve AB, the geometric method measures elasticity at any point as the ratio of the lower segment to the upper segment.

At point D, elasticity $e_D$ = lower segment / upper segment = DA / DB.

Here A is the x-axis intercept (lower end) and B is the y-axis intercept (upper end).

2025: 28 May Shift 1

How would the decrease in the price of Good-X impact the budget line, when the price of Good-Y and Income remain unchanged?

The intercept points of both Good-X and Good-Y will shift outward.
The intercept point of Good-X will shift outward and the intercept point of Good-Y will remain unchanged.
The intercept point of Good-X will shift inward and the intercept point of Good-Y will remain unchanged.
The intercept points of both Good-X and Good-Y will shift inward.

2025: 3 June Shift 1

Increase in the income of buyers (in case of inferior goods) will cause _________

2025: 13 May Shift 1

The relation between the consumer's optimal choice of the quantity of a good and its price is called ?

2025: 27 May Shift 2

If the price of a commodity increases by 20%, its demand drops by 20%. Then how it will affect the expenditure?

2025: 16 May Shift 1

Individual demand for a good does not depend upon which of the following?

2025: 27 May Shift 2

An increase in the price of socks is likely to decrease the demand for shoes and a decrease in the price of socks is likely to increase the demand for shoes. Socks and shoes are:

In the Linear Demand Curve AB, the elasticity of demand (eDe_DeD​) at point D can be measured geometrically by the formula __________.

Solution

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CUET Economics Past Year Questions (Topic-Wise)

In the Linear Demand Curve AB, the elasticity of demand ( $e_D$ ) at point D can be measured geometrically by the formula __________.