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IIT JAM · EN
Economics
2025
60 Q · 180 min
GATE · XH-C1
Economics
2026
65 Q · 180 min
CUET-PG · COQP10
Economics
2024
75 Q · 90 min
Worked solution · Q26
Price elasticity from a log-log demand
ln ŷt = 1.24 + 0.56 ln GDPt − 0.03 ln Pt

In a log-log model the coefficient on ln P is the elasticity: |−0.03| < 1, so demand is price inelastic.

Trap reading the t-statistic (5.28) as the coefficient.

Time on question1:42 / 1:10 target
CUET-PG 2025 · submitted81st percentile
212/ 30068% accuracy
Subject breakdown
Microeconomics72%
Statistics48%Drill →
Macroeconomics64%

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2026 · Free202520242023 S12023 S22022
75 QUESTIONS · 90 MIN · +4 / −1
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CUET-PG 20251:12:18
12345✓678
If the demand function is P = 110 − Q², find the consumer surplus at P₀ = 29.
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Where the minutes went
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