A rational consumer is the one who has : Option 1: Many set of bundles Option 2: Monotonic preference Option 3: With high budget Option 4: Not ready to substitute one good for the other

The answer is 'Monotonic preference'. View full solution:

CUET Economics - A rational consumer is the one who has : | PYQs + Solutions

CUET Economics

Micro

Easy

Many set of bundles

Monotonic preference

With high budget

Not ready to substitute one good for the other

✅ Correct Option: 2

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CUET Economics 2023 Slot 6

Car and petrol are the example of _________ goods .

13 May Shift 2

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(D) Two indifference curves never intersect each other.

Choose the correct answer from the options given below:

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Individual demand for a good does not depend upon which of the following?