CUET Economics 2025 3 June Shift 1 - 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? | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Micro

Medium

200 units

275 units

125 units

100 units

✅ Correct Option: 2

Related questions:

3 June Shift 2

When the percentage change in quantity demanded equals the percentage change in its price. The demand for the this good is said to be?

Perfectly Elastic
Perfectlty Inelastic
Unitary Elastic
Less Elastic

13 May Shift 1

Suppose an individual buy 30 bananas when its price is Rs. 10 per banana. When the price increases to Rs. 14 per banana, she reduces her demand to 24 bananas. In this case,what will be the price elasticity of demand?

3 June Shift 2

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

CUET Economics 2025 3 June Shift 1 PYQs

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