Which is an example of substitute good ? Option 1: Pen and ink Option 2: Car and petrol Option 3: Tea and Coffee Option 4: Shoes and socks

The answer is 'Tea and Coffee'. View full solution:

CUET Economics - Which is an example of substitute good ? | PYQs + Solutions

CUET Economics 2023 28 May Shift 2

Micro

Easy

Pen and ink

Car and petrol

Tea and Coffee

Shoes and socks

✅ Correct Option: 3

Related questions:

26 May Shift 2

Anand consumes lesser units of good X when its price falls but more units of X when his income rises. Which of the following statements is true about good X.

22 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Parallel inward shift in budget line	(I) M/p₁ > M/p₁'
(B) Parallel outward shift in budget line	(II) M/p₁ < M/p₁'
(C) Budget line steeper	(III) M' < M
(D) Budget line flatter	(IV) M' > M

Choose the correct answer from the options given below:

13 May Shift 2

Which among the following are the features of the indifference curve?

(A) Indifference curve slopes downwards from left to right.

(B) Higher indifference curve gives greater level of utility.

(D) Two indifference curves never intersect each other.

Choose the correct answer from the options given below:

CUET Economics 2023 28 May Shift 2 PYQs

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