If the price of necessity good like clothes changes, what will be the effect on its demand? Option 1: Elastic Option 2: Less Elastic Option 3: Inelastic Option 4: More Elastic

The answer is 'Inelastic'. View full solution:

CUET Economics - If the price of necessity good like clothes changes, what will be the effect on its demand? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Easy

Elastic

Less Elastic

Inelastic

More Elastic

✅ Correct Option: 3

Related questions:

13 May Shift 2

When the price of a cricket ball is Rs10, let us assume that 200 cricket balls are produced in aggregate by the firms in the market. When the price of a cricket ball rises to Rs.30, let us assume that 1,000 cricket balls are produced in aggregate by the firms in the market. Calculate the elasticity of supply.

13 May Shift 2

Arrange the following elasticity degrees along the demand curve in their ascending order.

(A) Elasticity (eD) = 1

(B) Elasticity (eD) > 1

(D) Elasticity (eD) = 0

Choose the correct answer from the options given below:

2 June Shift 1

The price elasticity of supply of a commodity is 2.5. At a price of Rs.5 per unit, its quantity supplied is 300 units. What will be its quantity supplied at a price of Rs.4 per unit?

CUET Economics 2025 3 June Shift 2 PYQs

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