CUET Economics 2025 30 May Shift 1 PYQs

How would the decrease in the price of Good-X impact the budget line, when the price of Good-Y and Income remain unchanged?

1. The intercept points of both Good-X and Good-Y will shift outward.
2. The intercept point of Good-X will shift outward and the intercept point of Good-Y will remain unchanged.
3. The intercept point of Good-X will shift inward and the intercept point of Good-Y will remain unchanged.
4. The intercept points of both Good-X and Good-Y will shift inward.

Those goods which can be used together are called _______ goods .

Increase in the income of buyers (in case of inferior goods) will cause _________