Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
Q · Law of ElasticityMedium · 45s
Statement: Which among the following commodities will have relatively elastic demand?
TopicLaw of Elasticity
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Butter has substitutes like margarine, making its demand relatively elastic.
Final Answer: Option C - Butter