CUET Economics 2025 22 May Shift 1Micro > MediumPrice Inelastic.Price Elastic.Unit Elastic.Income elastic.✅ Correct Option: 2Related questions:22 May Shift 2The rate at which the consumer is willing to substitute one good for the other is indicated by:CUET Economics 2022 Slot 2The demand for normal good _____ with an increase in income of the consumer.28 May Shift 1Which of the following would appropriately define a budget set?