CUET Economics 2025 2 June Shift 1Micro > EasyChange in demand of the commodity.Change in the income of the consumer.Change in preferences of the consumer.Change in utility derived.✅ Correct Option: 2Related questions:13 May Shift 2Which among the following are the features of the indifference curve? (A) Indifference curve slopes downwards from left to right. (B) Higher indifference curve gives greater level of utility. (C) Indifference curve reflects negative utility. (D) Two indifference curves never intersect each other. Choose the correct answer from the options given below:22 May Shift 2The optimum bundle of the consumer is located at the point where:3 June Shift 2Arrange the following statements showing the change in budget set due to change in income. (A) The equation of the budget line is P1X1+P2X2=M′P_1 X_1 + P_2 X_2 = M'P1X1+P2X2=M′. (B) Consumer's income increases from MMM to M′M'M′, but the price of goods remains constant. (C) The set of available bundles depends upon prices and the income of the consumer. (D) Consumers can buy more of the goods at the prevailing market prices. Choose the correct answer from the options given below: