CUET Economics 2025 3 June Shift 1 PYQs

Which of the following statements are true for the Indifference Curve?

(A). A higher indifference curve gives a greater level of utility.

(B). The indifference curve slopes downwards from right to left.

(C). The indifference curve slopes downwards from left to right.

(D). Two indifference curves never intersect each other.

Choose the correct answer from the options given below:

What causes an indifference curve to be convex to the origin?

1. Marginal utility
2. Market Rate of Exchange
3. Law of Diminishing Marginal Rate of Substitution
4. Law of Increasing Marginal Rate of Substitution

Match List-I with List-II

List-I	List-II
(A) Decrease in consumer's income	(I) Budget line becomes steeper
(B) Increase in price of Good X	(II) Parallel and leftward shift in the budget line
(C) Equal reduction in price of both goods X and Y	(III) Budget line becomes flatter
(D) Increase in price of Good Y	(IV) No change in the slope of the budget line

Choose the correct answer from the options given below: