Which of the following indicates the slope of Budget Line? Option 1: (-)P_1/P_2 Option 2: P_1/P_2 Option 3: (-)P_2/P_1 Option 4: P_2/P_1

The answer is '(-)P_1/P_2'. View full solution:

CUET Economics - Which of the following indicates the slope of Budget Line? | PYQs + Solutions

CUET Economics 2025 22 May Shift 2

Micro

Medium

$(-)P_1/P_2$

$P_1/P_2$

$(-)P_2/P_1$

$P_2/P_1$

✅ Correct Option: 1

Related questions:

21 May Shift 1

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

15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Budget Set	(I) $-(P_1/P_2)$
(B) Slope of the budget line	(II) $M/P_1$
(C) Horizontal intercept of the budget line	(III) $P_1 X_1 + P_2 X_2 \le M$
(D) Vertical intercept of the budget line	(IV) $M/P_2$

Choose the correct answer from the options given below:

29 May Shift 1

What is the Marginal Rate of Substitution(MRS)?

(A) The rate at which a consumer is willing to substitute one good for another.

(B) Equal to the slope of the indifference curve.

(D) Is constant for perfect substitutes.

Choose the correct answer from the options given below: