CUET Economics - Arrange the following concept emerges in context of consumer equilibrium. (A) Transfer his expenditure from Good Y to Good X. (B) Sacrifice more of Good Y to gain Good X. (C) Till, Marginal Rate of Substitution (MRSxy) = Market Rate of Exchnage. (D) Suppose, Marginal Rate of Substitution (MRSxy) > Market Rate of Exchnage. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 22 May Shift 2

Micro

Medium

(A), (B), (C), (D)

(D), (B), (A), (C)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 2

Related questions:

29 May Shift 1

Arrange the following stages of Consumer's Equilibrium in the correct sequence under the utility analysis

(A) Marginal Utility becomes equal to the price of a commodity

(B) Marginal utility, derived from a commodity X is greater than Px

(D) The consumer reallocates expenditure to maximize satisfaction.

Choose the correct answer from the options given below:

3 June Shift 2

Arrange the following statements showing the change in budget set due to change in income.

(A) The equation of the budget line is $P_1 X_1 + P_2 X_2 = M'$.
(B) Consumer's income increases from M to M', but the price of goods remains constant.
(C) The set of available bundles depends upon prices and the income of the consumer.
(D) Consumers can buy more of the goods at the prevailing market prices.

Choose the correct answer from the options given below:

14 May Shift 1

Arrange the following statements related to the change in demand for normal good.

(A) The consumer's income, increases.

(B) Given the prices of other goods and the preferences of the consumer,

(D) The demand for the normal good at given price changes.

CUET Economics 2025 22 May Shift 2 PYQs