CUET Economics 2025 2 June Shift 1 PYQs

Arrange the following statement when the market demand curve shifts rightward with the supply curve remaining unchanged.

(A) The shift indicates that at any price the quantity demanded is more than before.

(B) Some individuals will be willing to pay higher price and the price would tend to rise.

(C) There is excess demand.

(D) At the new equilibrium, quantity and price will be greater than before.

Choose the correct answer from the options given below:

What is the formula for the price elasticity of demand for a good?

Arrange the following statement in the context of elasticity along a linear demand curve (left to right).

(A) e_d = 1

(B) e_d > 1

(C) e_d = 0

(D) e_d < 1

Choose the correct answer from the options given below: