Arun 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…
CUET UG 2025 — Economics Micro
Arun 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 is
Held on 21 May 2025 · Verified 13 Jul 2026.
Options
- A
0 and 1 respectively.
- B
1 and 0 respectively.
- C
0 for both the consumers.
- D
less than 1 for Arun and More than 1 for Varun.
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