CUET Economics - Individual demand for a good does not depend upon which of the following? | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Micro

Easy

Affordability of the consumer.

Price of substitute good.

Tastes and preferences of the consumer.

Number of consumers

✅ Correct Option: 4

Related questions:

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). The level of utility can be expressed in numbers.	(I). Total Utility
(B). The change in total utility due to consumption of one additional unit of a commodity.	(II). Ordinal Utility
(C). The total satisfaction derived from consuming the given amount of some commodity.	(III). Cardinal Utility
(D). The level of utility can be expressed in ranks.	(IV). Marginal Utility

Choose the correct answer from the options given below:

3 June Shift 1

How much of Good X can the consumer consume if she spends her entire income on that good?

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An increase in the price of socks is likely to decrease the demand for shoes and a decrease in the price of socks is likely to increase the demand for shoes. Socks and shoes are:

CUET Economics 2025 16 May Shift 1 PYQs

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