CUET Economics 2025 28 May Shift 1 - Which of the following would appropriately define a budget set? 1. P_1X_1+P_2X_2 ≥ M. 2. P_1X_1+P_2X_2 < M. 3. P_1X_1+P_2X_2 > M. 4. P_1X_1+P_2X_2 ≤ M. | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Micro

Easy

$P_1X_1+P_2X_2 \ge M$ .

$P_1X_1+P_2X_2 < M$ .

$P_1X_1+P_2X_2 > M$ .

$P_1X_1+P_2X_2 \le M$ .

✅ Correct Option: 4

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CUET Economics 2025 28 May Shift 1 PYQs