The price and quantity demanded are __________ Option 1: Directly related Option 2: Indirectly related Option 3: Proportionately related Option 4: Not related

The answer is 'Indirectly related'. View full solution:

CUET Economics - The price and quantity demanded are __________ | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Medium

Directly related

Indirectly related

Proportionately related

Not related

✅ Correct Option: 2

Related questions:

21st May Shift 1

Match List-I with List-II

List-I	List-II
(A) Zero excess demand and zero excess supply situation occurs in	(I) Wage rate
(B) Imposition of price ceiling below the equilibrium price leads to an	(II) Perfectly competitive market
(C) Where the labour demand and labour supply curves intersect,it determines	(III) Excess supply.
(D) Imposition of price floor above the equilibrium price leads to an	(IV) Excess demand.

Choose the correct answer from the options given below:

15 May Shift 1

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.

21st May Shift 2

If additional unit tax imposed on goods by the government, then how it will be affect the movement of supply curve?