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:26 May Shift 2In order to be effective, the price ceiling should be determined _______.26 May Shift 2Match List-I with List-II List-IList-II(A) Increase in demand > Increase in Supply(I) Increase in both equilibrium price and quantity.(B) Increase in demand < Increase in Supply(II) Decrease in both equilibrium price and quantity.(C) Increase in demand = Increase in Supply(III) Decrease in equilibrium price but increase in equilibrium quantity.(D) Decrease in demand < Decrease in supply(IV) Increase in equilibrium quantity but no change in equilibrium price. Choose the correct answer from the options given below:27 May Shift 2Let us consider a linear demand curve q=a−bpq = a - bpq=a−bp. On the same demand curve, arrange the elasticity in ascending order. (A) ∣eD∣=1|e_D| = 1∣eD∣=1. (B) ∣eD∣<1|e_D| < 1∣eD∣<1. (C) ∣eD∣>1|e_D| > 1∣eD∣>1. (D) ∣eD∣=0|e_D| = 0∣eD∣=0. Choose the correct answer from the options given below: