How much units of Good Y can the consumer consume if she spends her entire income on that good? Option 1: 5 units Option 2: 10 units Option 3: 15 units Option 4: 20 units

The answer is '10 units'. View full solution:

CUET Economics - How much units of Good Y can the consumer consume if she spends her entire income on that good? | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Micro

Easy

5 units

10 units

15 units

20 units

✅ Correct Option: 2

Related questions:

21 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Increase in consumers' income	(I) Budget line becomes flatter
(B) Decrease in price of good on X axis	(II) No change in the slope of budget line
(C) Equal increase in price of both good X and good Y	(III) Parallel and rightward shift in their budget line
(D) Decrease in Price of the good on Y axis	(IV) Budget line becomes steeper

Choose the correct answer from the options given below:

21 May Shift 1

Good X and Y are considered to be substitutes by a consumer. He is currently consuming good X. If the price of Good Y decreases, then arrange the following in correct sequence.

(A) Demand for Good X decreases.

(B) Consumer finds Good Y to be relatively cheaper than Good X.

(D) Consumer shifts from Good X to Good Y.

Choose the correct answer from the options given below:

29 May Shift 1

Which of the following can shift the demand curve to the right?

(A) Increase in the income of the consumer (For normal goods).

(B) Decrease in the price of complementary goods.

(D) Increase in the price of goods.

Choose the correct answer from the options given below:

CUET Economics 2025 3 June Shift 1 PYQs

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