CUET Economics - The exceptional case in optimal choice of the consumer is where .................. | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

One good is more preferred than another.

Entire income is spent on one of the goods only.

Partial spending of income on both goods.

Both goods are preferred in same quantity.

✅ Correct Option: 2

Related questions:

15 May Shift 1

Which of the following are true about indifference curves?

(A) All the points lying on an indifference curve provide the consumer with different levels of satisfaction.

(B) Indifference curves are convex to the origin due to law of Diminishing Marginal Rate of Substitution.

(D) In the case of perfect substitutes, indifference curves are straight lines.

Choose the correct answer from the options given below:

14 May Shift 1

Identify the correct statements with regard to the consumer's budget line/set.

(A) A decrease in the price of goods makes the budget line steeper

(B) A decrease in the price of goods makes the budget line flatter

(D) All bundles in the positive quadrant which are on or below the line are included in the budget set.

26 May Shift 2

Lata likes to eat burgers and has already eaten two. Her marginal utility from the last burger she consumes is 90 utils. If the price of burger is Rs. 25 per unit and marginal utility of a rupee is 3 utils, then?

CUET Economics 2025 29 May Shift 2 PYQs

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