In the cardinal utility analysis, the marginal utility of money is considered to be Option 1: Constant. Option 2: Decreasing. Option 3: Increasing. Option 4: First decreasing and then increasing.

The answer is 'Constant.'. View full solution:

CUET Economics - In the cardinal utility analysis, the marginal utility of money is considered to be | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Micro

Medium

Constant.

Decreasing.

Increasing.

First decreasing and then increasing.

✅ Correct Option: 1

Related questions:

CUET Economics 31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Cardinal utility	(I) Ranking consumption bundles.
(B) Perfect substitute goods	(II) Level of utility can be expressed in numbers.
(C) Ordinal Utility	(III) The marginal Rate of Substitution is 1.
(D) Complimentary goods	(IV) An increase in the price of one good does not lead to an increase in demand for another good.

Choose the correct answer from the options given below:

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)
(A) - (II), (B) - (III), (C) - (I), (D) - (IV)
(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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Which among the following are the features of the indifference curve?

(A) Indifference curve slopes downwards from left to right.

(B) Higher indifference curve gives greater level of utility.

(D) Two indifference curves never intersect each other.

Choose the correct answer from the options given below:

CUET Economics 29 May Shift 1

A consumer derives 10 utilities of satisfaction from consuming 1st unit of good X and 6 utilities of satisfaction from the next unit. What is the marginal utility of the second unit?

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