List of top Economics Questions on Demand analysis asked in CUET (UG)

The relation between the consumer’s optimal choice of the quantity of a good and its price is called?

When governments intervene in the market to expand or reduce the demand, this course of action is ........

Suppose an individual buys 30 bananas when its price is ₹10 per banana. When the price increases to ₹14 per banana, she reduces her demand to 24 bananas. In this case, what will be the price elasticity of demand?

With the shifting demand curve leftward, arrange the following statements in sequential order:
(A) At any given price, demand is less.
(B) Excess supply will be there.
(C) Some producers will decrease the prices of commodity.
(D) At new equilibrium, quantity and price will be less.

Find the correct statement/statements. (A) Goods which are consumed together are called complementary goods.
(B) The market demand curve can be derived as a vertical summation of the individual demand curves.
(C) Price elasticity of demand is a measure of the responsiveness of the demand for a good to changes in its price.
(D) If the consumer’s preferences change in favor of a good, the demand curve for such a good shifts leftward.

When the price of a good falls from Rs 30 to Rs 25, the consumer continues to purchase the same quantity of the good. What will be the price elasticity of demand for this good?

One of the following function is performed by the government it if intervenes either to expand demand or to reduce it. Select the correct answer.

What is the General shape of Demand curve ?

Based on the following diagram answer the question:

The gap E'F in the diagram indicate

Based on the following diagram answer the question:

Identify the reason for shifting of the Aggregate Demand (AD) curve from AD1 to AD2

Arrange the following of elasticities of demand in increasing order as per geometric method.
A. Mid-Point of the demand curve
B. Intercept on Y-axis
C. Between Mid-Point and intercept on X-axis
D. Between Mid-Point and intercept on Y-axis
E. Intercept on X-axis
Choose the correct answer from the options given below:

One of the following function is performed by the government it if intervenes either to expand demand or to reduce it. Select the correct answer.

In the given figure what will happen to aggregate demand curve (AD) when autonomous investment increases.

Assuming aggregate supply perfectly elastic and AD curve downward sloping then, under the circumstances aggregate output is determined solely by the level of aggregate demand. This is known as :