CUET Economics - 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? | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Micro

Medium

-2.5

-0.66

-3

0.66

✅ Correct Option: 3

Related questions:

26 May Shift 2

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?

28 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Slope of Budget line	(I) $P_1X_1 + P_2X_2 \leq M$
(B) Horizontal intercept of budget line	(II) $M/P_2$
(C) Vertical intercept of budget line	(III) $-\frac{P_1}{P_2}$
(D) Budget constraints	(IV) $M/P_1$

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 4

Elasticity of demand is constant and equal to 1 at every point on the demand curve. The shape of such a demand curve would be :

CUET Economics 2025 28 May Shift 1 PYQs

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