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:26 May Shift 2Match List-I with List-II List-IList-II(A) Marginal rate of substitution(I) Slope of Budget line(B) MUₓ/MUᵧ=Pₓ/Pᵧ(II) more of at least one good and no less of the other good(C) -(Pₓ/Pᵧ)(III) Law of equi marginal utility(D)Monotonic Preferences.(IV) Slope of Indifference curve Choose the correct answer from the options given below:21 May Shift 1Good X and Y are considered to be substitutes by a consumer. He is currently consuming good X. If the price of Good Y decreases, then arrange the following in correct sequence. (A) Demand for Good X decreases. (B) Consumer finds Good Y to be relatively cheaper than Good X. (C) Demand curve for Good X shifts to the left. (D) Consumer shifts from Good X to Good Y. Choose the correct answer from the options given below: