The optimum bundle of the consumer is located at the point where: Option 1: Budget line = Indifference curve. Option 2: Indifference curve = Slope of budget line. Option 3: Slope of indifference curve = Slope of budget line. Option 4: Slope of indifference curve = Budget line.

The answer is 'Slope of indifference curve = Slope of budget line.'. View full solution:

The optimum bund<= of the consumer is located at the point where:

Slope of indifference curve = Slope of bud>=t line.

Bud>=t line = Indifference curve.

Indifference curve = Slope of bud>=t line.

Slope of indifference curve = Slope of bud>=t line.

Slope of indifference curve = Bud>=t line.

CUET Economics 2025 22 May Shift 2

Micro

Medium

Budget line = Indifference curve.

Indifference curve = Slope of budget line.

Slope of indifference curve = Slope of budget line.

Slope of indifference curve = Budget line.

✅ Correct Option: 3

Related questions:

21 May Shift 1

In the cardinal utility analysis, the marginal utility of money is considered to be

13 May Shift 2

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 2023 Slot 5

In the Linear Demand Curve AB, the elasticity of demand ( $e_D$ ) at point D can be measured geometrically by the formula __________.