Home / Topic / Elasticity of Demand
Topic Elasticity of Demand
Asked 2 times across 2 UPSC exams over 1 years (2024–2025), peaking in 2025.
Key insights
- Most tested in ESE — 1 of 2 PYQs
- Most asked in 2025
- Recurs across 2 years (2024–2025)
How it travelled across exams
First appearance in each exam — the same idea, reframed.
LDCE 2024 → ESE 2025
How the concept evolved
Rising — more than half its appearances (2 of 2) are since 2016.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
ESE2025
An Income Elasticity of Demand eᵧ is
- A [(Q₂ – Q₁)/(I₂ – I₁)] × [(I₂ + I₁)/(Q₂ + Q₁)]
- B [(Q₂ + Q₁)/(I₂ – I₁)] × [(I₂ + I₁)/(Q₂ + Q₁)]
- C [(Q₂ – Q₁)/(I₂ + I₁)] × [(I₂ – I₁)/(Q₂ + Q₁)]
- D [(Q₂ – Q₁)/(I₂ + I₁)] × [(I₂ + I₁)/(Q₂ + Q₁)]
Answer key not yet available (pending official release)
Engineering › Engineering Mathematics & General
LDCE2024
The demand for which one of the following commodities will be almost perfectly inelastic ?
- A Gold
- B Cars
- C Dining out
- D Basic food grains ✓
✓ Correct answer: (D)
Economy › Macroeconomics
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