CUET Economics - When will increase in supply bring down the price, leaving the quantity demanded unchanged? | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Micro

Medium

When demand for the commodity is perfectly elastic.

When demand for the commodity is perfectly inelastic.

When demand for the commodity is less elastic.

When demand for the commodity is more elastic.

✅ Correct Option: 2

Related questions:

22 May Shift 2

Arrange the following in correct sequence, to correct the problem of mismatch between supply and demand forces:

(A) There is excess demand in the market.

(B) All other things remain the same as price rises, quantity demanded falls and quantity supplied increases.

(C) Some consumers who are either unable to obtain the commodity at all or obtain it in insufficient quantity will be willing to pay more than the prevailing prices.

(D) The market moves towards the point where the quantity that the firms want to sell is equal to the quantity that the consumers want to buy.

Choose the correct answer from the options given below:

13 May Shift 2

Arrange the following elasticity degrees along the demand curve in their ascending order.

(A) Elasticity (eD) = 1

(B) Elasticity (eD) > 1

(D) Elasticity (eD) = 0

Choose the correct answer from the options given below:

15 May Shift 1

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.

CUET Economics 2025 2 June Shift 1 PYQs

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