CUET Economics - The Law of Diminishing Marginal Utility states that when more and more units of a commodity are consumed, Marginal Utility __________ | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Micro

Easy

begins to increase.

remains constant.

begins to decrease.

becomes zero.

✅ Correct Option: 3

Related questions:

29 May Shift 1

A consumer derives 10 utilities of satisfaction from consuming 1st unit of good X and 6 utilities of satisfaction from the next unit. What is the marginal utility of the second unit?

15 May Shift 1

Which of the following are true about indifference curves?

(A) All the points lying on an indifference curve provide the consumer with different levels of satisfaction.

(B) Indifference curves are convex to the origin due to law of Diminishing Marginal Rate of Substitution.

(D) In the case of perfect substitutes, indifference curves are straight lines.

Choose the correct answer from the options given below:

26 May Shift 2

Match List-I with List-II

List-I	List-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:

CUET Economics 2025 2 June Shift 1 PYQs

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