CUET Economics 2025 2 June Shift 1 PYQs

A shift in the budget line, when prices are constant, is due to.

Two indifference curves can never intersect each other as ...............

1. They give the same level of satisfaction.
2. They give different levels of satisfaction.
3. They are concave to the origin.
4. They are convex to the origin.

How will an increase in the consumer's income affect the budget line?

1. Parallel inward shift of budget line.
2. Parallel outwards shift in budget line.
3. The budget line rotates outwards.
4. Budget line rotates and shifts outwards.