CUET Economics 2025 21 May Shift 1Micro > MediumParallel to x axis.Parallel to y axis.Downward sloping rectangular hyperbola.Downward sloping straight line forming and angle of 135° with x axis.✅ Correct Option: 3Related questions:19th May Shift 2Identify the correct statements from the following in respect to the demand of a commodity. A. The demand function is a relation between the amount of the good and its price when other things remain same. B. The slope of the demand curve measures the rate at which demand changes with respect to its price. C. If the substitution effect is stronger than the income effect, then demand and price of good will have positive relation. D. The market demand curve of a good can also be derived by adding individual demand curves vertically. Choose the correct answer from the options given below:21 May Shift 1Arun spends 200 rupees on good X irrespective of its price whereas Varun buys 10 units of Good X irrespective of its price. The respective values of the price elasticity of demand for Good X for both the consumers is20 June Shift 1The goods which can be used in place of each other are called ?