CUET Economics 2025 13 May Shift 2 PYQs

If price of a commodity rises from Rs. 10 to Rs. 15, its supply increases by 20%.

calculate the price elasticity of supply for this commodity.

Let us consider a linear demand curve $q = a - bp$. On the same demand curve, arrange the elasticity in ascending order.

(A) $|e_D| = 1$.

(B) $|e_D| < 1$.

(C) $|e_D| > 1$.

(D) $|e_D| = 0$.

Choose the correct answer from the options given below:

Which of the following expressions will be used for calculating excess supply of salt in the market?