The expenditure on the good would chan>= in the opposite direction as the price chan>= if and only if:

The percenta>= chan>= in quantity demanded is greater than the percenta>= chan>= in price.

The percenta>= chan>= in quantity demanded is = chan>= in price.

The percenta>= chan>= in quantity demanded is greater than the percenta>= chan>= in price.

The percenta>= chan>= in quantity demanded is equal to the percenta>= chan>= in price.

There is no chan>= in quantity demanded with the chan>= in price.

CUET Economics - The expenditure on the good would change in the opposite direction as the price change if and only if: | PYQs + Solutions

CUET Economics 2026 11th May Shift 2

Micro

Medium

The percentage change in quantity demanded is less than the percentage change in price.

The percentage change in quantity demanded is greater than the percentage change in price.

The percentage change in quantity demanded is equal to the percentage change in price.

There is no change in quantity demanded with the change in price.

✅ Correct Option: 2