CUET Economics 2025 31 May Shift 1 PYQs

At a price of ₹8 per unit, the quantity supplied of a commodity is 200 units. If its price elasticity of supply is 1.5, if the price rises to ₹10 per unit, calculate the quantity supplied at the new price?

If 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.

What will be the shape of unitary elastic supply curve?

1. 45° upward sloping line.
2. A straight upward sloping line intercepting X axix.
3. downward sloping line.
4. A downward sloping line passing through the origin.