CUET Economics 2025 2 June Shift 1Micro > MediumWhen 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: 2Related questions:2 June Shift 1If due to fall in price, total expenditure on the commodity falls, it indicates?15 May Shift 1If the demand for salt increases supply remains the same and the new demand curve is QD=400−pQ_D = 400 - pQD=400−p What will be the new equilibrium price and quantity?3 June Shift 2If the government fixed maximum price of produuct below the market price then product will have?