CUET Economics 2025 13 May Shift 1 PYQs

What would be the value of the Marginal Rate of Substitution (MRS) when Good-X increases by 5 with the decrease of Good-Y by 15?

1. • 2.5
2. • 0.66
3. • 3
4. 0.66

A consumer spends all his income of Rs 6000 on two goods - Food and clothing and is buying 12 units each of both the goods. At the present level of consumption, the marginal rate of substitution of clothing for food is 3. The price of food per unit is Rs. 400 whereas that of clothing is Rs. 100. What should a consumer do to attain the equilibrium?

The optimum bundle of the consumer is located at the point where:

1. Budget line = Indifference curve.
2. Indifference curve = Slope of budget line.
3. Slope of indifference curve = Slope of budget line.
4. Slope of indifference curve = Budget line.