CUET Economics 2025 29 May Shift 2Micro > MediumPrice Ratio.Marginal rate of substitution.Marginal rate of technical substitution.Diminishing marginal rate.✅ Correct Option: 2Related questions:2 June Shift 1The Law of Diminishing Marginal Utility states that when more and more units of a commodity are consumed, Marginal Utility __________16 May Shift 1Individual demand for a good does not depend upon which of the following? Affordability of the consumer. Price of substitute good. Tastes and preferences of the consumer. Number of consumers 22 May Shift 2Match List-I with List-II List-IList-II(A) Parallel inward shift in budget line(I) M/p₁ > M/p₁'(B) Parallel outward shift in budget line(II) M/p₁ < M/p₁'(C) Budget line steeper(III) M' < M(D) Budget line flatter(IV) M' > M Choose the correct answer from the options given below: