CUET Economics - Match List-I with List-II | List-I | List-II | |---|---| | (A) Price elasticity of demand will be equal to1 | (I) When expenditure increases with a rise in price. | | (B) Price elasticity of demand will be equal to 0 | (II) When expenditure decreases with a rise in price. | | (C) Price elasticity of demand will be more than 1 | (III) When the quantity demanded doesn't change with the change in price. | | (D) Price elasticity of demand will be less than1 | (IV) When expenditure doesn't change with the change in price. | Choose the correct answer from the options given below: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (III), (B) - (IV), (C) - (II), (D) - (I) 3. (A) - (IV), (B) - (III), (C) - (II), (D) - (I) 4. (A) - (IV), (B) - (III), (C) - (I), (D) - (II) | PYQs + Solutions | AfterBoards