CUET Economics 2025 30 May Shift 1 PYQs

Anand consumes lesser units of good X when its price falls but more units of X when his income rises. Which of the following statements is true about good X.

The optimum bundle of the consumer is located at the point where:

Identify the factors of price elasticity of demand.

(A) Nature of Goods.

(B) Availability of Substitution.

(C) Complementary Goods

(D) Cost of Goods.

Choose the correct answer from the options given below: