CUET Economics - The rate at which the consumer is able to substitute one good for the other in the market is called? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Easy

Price Ratio.

Marginal rate of substitution.

Marginal rate of technical substitution.

Diminishing marginal rate.

✅ Correct Option: 1

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30 May Shift 2

What are the features of an Indifference Curve?

(A) Indifference curve slopes upwards from left to right.

(B) Higher indifference curve gives greater level of utility.

(D) Two indifference curves never intersect each other

Choose the correct answer from the options given below:

14 May Shift 1

Arrange the following statements related to the change in demand for normal good.

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Which of the following would appropriately define a budget set?

CUET Economics 2025 29 May Shift 2 PYQs