CUET Economics 2025 29 May Shift 2Micro > MediumBudget 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: 2Related questions:22 May Shift 1Match List-I with List-II List-IList-II(A). The level of utility can be expressed in numbers.(I). Total Utility(B). The change in total utility due to consumption of one additional unit of a commodity.(II). Ordinal Utility(C). The total satisfaction derived from consuming the given amount of some commodity.(III). Cardinal Utility(D). The level of utility can be expressed in ranks.(IV). Marginal Utility Choose the correct answer from the options given below:30 May Shift 2What 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. (C) Indifference curve slopes downwards from left to right (D) Two indifference curves never intersect each other Choose the correct answer from the options given below:26 May Shift 2Match List-I with List-II List-IList-II(A) Decrease in consumer's income(I) Budget line becomes steeper(B) Increase in price of Good X(II) Parallel and leftward shift in the budget line(C) Equal reduction in price of both goods X and Y(III) Budget line becomes flatter(D) Increase in price of Good Y(IV) No change in the slope of the budget line Choose the correct answer from the options given below: