CUET Economics 2025 15 May Shift 1Micro > MediumChange in quantities of goods purchased by the consumer.Change in the prices of both the goods purchased by the consumer.Change in the income of the consumer.change in the price of any one of the two goods purchased by the consumer, price of the other good remaining same.✅ Correct Option: 1Related questions:26 May Shift 2Match List-I with List-II List-IList-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:28 May Shift 2Match List-I with List-II List-IList-II(A) Slope of Budget line(I) P1X1+P2X2≤MP_1X_1 + P_2X_2 \leq MP1X1+P2X2≤M(B) Horizontal intercept of budget line(II) M/P2M/P_2M/P2(C) Vertical intercept of budget line(III) −P1P2-\frac{P_1}{P_2}−P2P1(D) Budget constraints(IV) M/P1M/P_1M/P1 Choose the correct answer from the options given below:22 May Shift 2The optimum bundle of the consumer is located at the point where: Budget line = Indifference curve. Indifference curve = Slope of budget line. Slope of indifference curve = Slope of budget line. Slope of indifference curve = Budget line.