Identify the statement which is not correct regarding consumer behaviour and demand.
- The demand for petroleum products is highly inelastic
- Utility is expressed in utils
- Downward movement along a demand curve takes palce due to increase in price of the commodity
- In perfectly inelastic demand, the demand curve is parallel to Y-axis
The Correct Option is C
Solution and Explanation
Top Questions on Consumer behaviour
- Ms Stuman's real income rises as a result of a fall in the price of sugar in the market. As a result, she now purchases more quantity of sugar than before. This phenomenon will be termed as:
- CUET (UG) - 2024
- Economics
- Consumer behaviour
- According to the Theory of Consumer Behaviour, Inequality p1x1+p2x2\(≤\)M is called the Consumer's ___________ .
- CUET (UG) - 2024
- Economics
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- Identify the correct set of statements.
(A) Ex Ante Saving represents what is actually planned to save.
(B) Ex Post Saving represents what is actually planned to save.
(C) Ex Post Saving depicts what has actually happened.
(D) Ex Ante Post Saving represents what is actually saved.
Choose the correct answer from the options given below :- CUET (UG) - 2024
- Economics
- Consumer behaviour
- _______________ depicts what has actually happened?
- CUET (UG) - 2024
- Economics
- Consumer behaviour
Identify, what does the shaded area (change in EFG), in the given figure indicate?
I. Consumption > Income
II. Saving = Zero (0)
III. Consumption < Income
IV. Saving < Zero (0)- GATE XH-C1 - 2024
- Economics
- Consumer behaviour
Questions Asked in CUET exam
Arrange the following sentences logically:
A. The car broke down suddenly.
B. We called for roadside assistance.
C. It was a long wait in the middle of nowhere.
D. We were finally able to get it towed.
- CUET (UG) - 2025
- Sentence Arrangement
Arrange the following sentences logically:
A. They discussed the agenda for the upcoming meeting.
B. The team gathered in the conference room.
C. Everyone shared their opinions.
D. Finally, they reached a consensus.
- CUET (UG) - 2025
- Sentence Arrangement
Arrange the following sentences logically:
A. He took a deep breath and stepped forward.
B. The stage was brightly lit.
C. The audience waited in silence.
D. It was his first time performing in front of a crowd.
- CUET (UG) - 2025
- Sentence Arrangement
- If in a certain code, ‘FISH’ is written as ‘GJTI’, how will ‘BIRD’ be written using a different logic?
- CUET (UG) - 2025
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- CUET (UG) - 2025
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