CUET Economics - Arrange the following elasticity degrees along the demand curve in their ascending order. (A) Elasticity (eD) = 1 (B) Elasticity (eD) > 1 (C) Elasticity (eD) < 1 (D) Elasticity (eD) = 0 Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Micro

Medium

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(D), (C), (A), (B)

✅ Correct Option: 4

Related questions:

16 May Shift 1

When the price of a good falls from Rs. 40 to Rs 30, the total revenue earned by the firm falls from Rs. 4000 to Rs. 2700, find price elasticity of supply for the good.

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?

27 May Shift 2

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.

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

Choose the correct answer from the options given below:

CUET Economics 2025 13 May Shift 2 PYQs

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