CUET Economics 2025 29 May Shift 2 - The optimum bundle of the consumer is located at the point where..................? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Micro

Medium

Budget line is tangent to the indifference curves.

Budget line is tangent to one of the indifference curves.

Budget line is equal indifference curves.

Marginal rate of transformation is tangent to the price ratio.

✅ Correct Option: 2

Related questions:

3 June Shift 1

On the basis of given data above, the correct equation of price line will be.

29 May Shift 1

Arrange the following stages of Consumer's Equilibrium in the correct sequence under the utility analysis

(A) Marginal Utility becomes equal to the price of a commodity

(B) Marginal utility, derived from a commodity X is greater than Px

(D) The consumer reallocates expenditure to maximize satisfaction.

Choose the correct answer from the options given below:

22 May Shift 1

The price of a commodity increases by 10%, its demand drops by 12%. What is the nature of price elasticity of demand?

CUET Economics 2025 29 May Shift 2 PYQs