The rate at which the consumer is able to substitute one good for the other in the market is indicated by Option 1: Slope of Indifference curve. Option 2: Slope of Budget line. Option 3: Slope of consumer selection. Option 4: Marginal rate of substitution.

The answer is 'Slope of Budget line.'. View full solution:

CUET Economics - The rate at which the consumer is able to substitute one good for the other in the market is indicated by | PYQs + Solutions

CUET Economics 2025 22 May Shift 2

Micro

Medium

Slope of Indifference curve.

Slope of Budget line.

Slope of consumer selection.

Marginal rate of substitution.

✅ Correct Option: 2

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On the basis of given data above, the correct equation of price line will be.

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Match List-I with List-II

List-I	List-II
(A) Marginal rate of substitution	(I) Slope of Budget line
(B) MUₓ/MUᵧ=Pₓ/Pᵧ	(II) more of at least one good and no less of the other good
(C) -(Pₓ/Pᵧ)	(III) Law of equi marginal utility
(D)Monotonic Preferences.	(IV) Slope of Indifference curve

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