The total sum that the consumer has to spend on wheat in 2022? Option 1: Rs 900 Option 2: Rs 500 Option 3: Rs 400 Option 4: Rs 600

The answer is 'Rs 900'. View full solution:

CUET Economics - The total sum that the consumer has to spend on wheat in 2022? | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Easy

Rs 900

Rs 500

Rs 400

Rs 600

✅ Correct Option: 1

Related questions:

13 May Shift 1

Find the correct statement/statements.

(A) Goods which are consumed together are called complementary goods.

(B) The market demand curve can be derived as a vertical summation of the individual demand curves.

(D) If the consumer's preferences change in favor of a good, the demand curve for such a good shifts leftward.

Choose the correct answer from the options given below:

2 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Consumer's equilibrium	(I) ΔY/ ΔX
(B) Slope of IC	(II) Budget line rotates to the right starting from the Y axis
(C) Px falls	(III) Consumer should move downwards to the right along the IC
(D) MRSxy > Px/Py	(IV) Optimum choice of the consumer

Choose the correct answer from the options given below:

28 May Shift 1

Which of the following would appropriately define a budget set?