The indifference curve for goods x_1 and x_2 is sloped downwards when? Option 1: x_1 > 0 and x_2 > 0 Option 2: x_1 > 0 and x_2 1 and x_2 1 and x_2 > 1

Answer: x_1 > 0 and x_2 0 must be accompanied by x_2 < 0, giving the curve its downward slope.

Micro

Consumer Behaviour

Easy

The indifference curve for goods $x_1$ and $x_2$ is sloped downwards when?

$\Delta x_1 > 0$ and $\Delta x_2 > 0$

$\Delta x_1 > 0$ and $\Delta x_2 < 0$

$\Delta x_1 >1$ and $\Delta x_2 < 0$

$\Delta x_1 > 1$ and $\Delta x_2 > 1$

✅ Correct Option: 2

Along an indifference curve utility is constant, so if consumption of one good rises, consumption of the other must fall to keep the consumer equally satisfied. Thus $\Delta x_1 > 0$ must be accompanied by $\Delta x_2 < 0$ , giving the curve its downward slope.

2026: 11 May Shift 1

Suppose the consumer have 15 rupees to spend on purchasing two goods namely $x_1$ and $x_2$ where the price of $x_1$ is 2.50 and price of $x_2$ is 1.50 then what is the maximum quantity of $x_1$ and $x_2$ at which the consumer's budget line will intersect the axis of the graph if $x_1$ and $x_2$ are represented in the vertical axis and horizontal axis of the graph respectively.

2025: 29 May Shift 2

The rate at which the consumer is able to substitute one good for the other in the market is called?

2026: 12 May Shift 1

Arrange the values of the elasticity of demand of the following at different points on a downward straight line demand curve in ascending order.

(A) The point where the demand curve meets the horizontal axis.

(B) The point where the demand curve meets the vertical axis.

(D) At any point to the right of the midpoint of the demand curve.

Choose the correct answer from the options given below:

2025: 26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Decrease in consumer's income	(I) Budget line becomes steeper
(B) Increase in price of Good X	(II) Parallel and leftward shift in the budget line
(C) Equal reduction in price of both goods X and Y	(III) Budget line becomes flatter
(D) Increase in price of Good Y	(IV) No change in the slope of the budget line

Choose the correct answer from the options given below:

2025: 3 June Shift 1

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

2025: 3 June Shift 1

In a situation when MRSxy > Px / Py, the consumer would react by:

The indifference curve for goods x1x_1x1​ and x2x_2x2​ is sloped downwards when?

Solution

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CUET Economics Past Year Questions (Topic-Wise)

The indifference curve for goods $x_1$ and $x_2$ is sloped downwards when?