Solution
✅ Correct Option: 2
- (A) is correct -> Marginal Utility is change -> in Total Utility.
- (B) is wrong -> Indifference Curves do -> not intersect each other.
- (C) is correct -> Marginal Utility becomes -> Zero at constant Total Utility.
- (D) is wrong -> Diminishing Marginal Rate -> affects Indifference Curve.
- (E) is correct -> Indifference Curve slopes -> downwards from left to right.
Related questions:
2026: 13 May Shift 2
2025: 3 June Shift 1
2023: 20 June Shift 1