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? 1. - 2.5 2. - 0.66 3. - 3 4. 0.66 | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Micro

Medium

0.66

0.66

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 5

Which of the following statements correctly describes the nature of indifference curve ?

(A) Indifference curve slopes downwards from left to right

(B) A lower indifference curve represents lower cost to consumer

(D) Two indifference curves never intersect each other

(E) Indifference curves are always parallel to each other

Choose the correct answer from the options given below :

28 May Shift 2

There are two goods that are priced at Rs 5 each and are available only in integral units. If a consumer has Rs 20, then the bundle that this consumer can afford to buy is:

27 May Shift 2

If the price of a commodity increases by 20%, its demand drops by 20%. Then how it will affect the expenditure?

CUET Economics 2025 28 May Shift 1 PYQs

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