CUET Economics 2025 30 May Shift 2Micro > Medium(A) - (I), (B) - (II), (C) - (III), (D) - (IV)(A) - (III), (B) - (IV), (C) - (I), (D) - (II)(A) - (I), (B) - (II), (C) - (IV), (D) - (III)(A) - (II), (B) - (I), (C) - (III), (D) - (IV)✅ Correct Option: 2Related questions:3 June Shift 2What is the formula for the price elasticity of demand for a good?15 May Shift 1If price of a commodity rises from Rs. 10 to Rs. 15, its supply increases by 20%. calculate the price elasticity of supply for this commodity.22 May Shift 1The price elasticity of demand is different at different points on the linear demand curve. Arrange the elasticity point on a downward sloping (left to right) demand curve. (A). |ed| < 0 (B). |ed| = 1 (C). |ed| > 1 (D). |ed| < 1 Choose the correct answer from the options given below: