CUET Economics 2025 3 June Shift 2 - Arrange the following statements showing the change in budget set due to change in income. <ol> <li>(A) The equation of the budget line is P_1 X_1 + P_2 X_2 = M'.</li> <li>(B) Consumer's income increases from M to M', but the price of goods remains constant.</li> <li>(C) The set of available bundles depends upon prices and the income of the consumer.</li> <li>(D) Consumers can buy more of the goods at the prevailing market prices.</li> </ol> Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Micro

Medium

✅ Correct Option: 4

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