CUET Economics 2025 29 May Shift 2Micro > MediumPreferred bundle.Optimum bundle.Most preferred bundle.Inferior bundle.✅ Correct Option: 4Related questions:3 June Shift 1On the basis of given data above, the correct equation of price line will be.31st May Shift 1Which of the following combinations are correct about the total expenditure method of measuring elasticity? A. Total expenditure on a commodity increases with the increase in the price of the commodity then elasticity of demand for that commodity is elastic. B. Total expenditure on a commodity increases with the increase in the price of the commodity then elasticity of demand for that commodity is inelastic. C. Demand for that commodity is less responsive to the changes in price of that commodity then total expenditure increases with increase in price. D. Demand for that commodity is more responsive to the changes in price of that commodity then total expenditure decreases with increase in price. 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: