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:

21st May Shift 1

Arrange the following values of elasticity of demand of a downward sloping linear demand line in correct order starting from left to the right along with the demand curve.

(A) E $_d$ =0

(B) E $_d$ = ∞

(D) E $_d$ <1

Choose the correct answer from the options given below:

31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Cardinal utility	(I) Ranking consumption bundles.
(B) Perfect substitute goods	(II) Level of utility can be expressed in numbers.
(C) Ordinal Utility	(III) The marginal Rate of Substitution is 1.
(D) Complimentary goods	(IV) An increase in the price of one good does not lead to an increase in demand for another good.

Choose the correct answer from the options given below:

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)
(A) - (II), (B) - (III), (C) - (I), (D) - (IV)
(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

27 May Shift 2

An increase in the price of socks is likely to decrease the demand for shoes and a decrease in the price of socks is likely to increase the demand for shoes. Socks and shoes are:

CUET Economics 2025 28 May Shift 1 PYQs

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