CUET Economics 2025 22 May Shift 2Micro > Medium(−)P1/P2(-)P_1/P_2(−)P1/P2P1/P2P_1/P_2P1/P2(−)P2/P1(-)P_2/P_1(−)P2/P1P2/P1P_2/P_1P2/P1✅ Correct Option: 1Related questions:22 May Shift 1Which of the following statements are true for the Indifference Curve? (A). A higher indifference curve gives a greater level of utility. (B). The indifference curve slopes downwards from right to left. (C). The indifference curve slopes downwards from left to right. (D). Two indifference curves never intersect each other. Choose the correct answer from the options given below:13 May Shift 2Match List-I with List-II List-IList-II(A) Satisfaction derived from consuming the given amount of some commodity x.(I) Marginal rate of substitution.(B) Change in total utility due to consumption of one additional unit of a commodity.(II) Ordinal Utility(C) Ranking of various consumption bundle.(III) Marginal Utility(D) Downward slope of indifference curve.(IV) Total Utility Choose the correct answer from the options given below:16 May Shift 1Match List-I with List-II List-IList-II(A) Increase in price of goods X(I) Increase in demand for normal goods.(B) Increase in income of consumers(II) Demand is price inelastic(C) Good X is a necessary good(III) Unit elasticity of demand.(D) Demand curve of Good X is a rectangular hyperbola(IV) Contraction in demand for good X Choose the correct answer from the options given below: