CUET Economics - Micro - Consumer Behaviour | Free Questions

Q1:

3 June Shift 2

Micro

>

Medium

Q1:

(A), (B), (C), (D)

(B), (A), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q2:

3 June Shift 2

Micro

>

Medium

Q2:

$0.3$

$0.5$

$0.4$

$-0.3$

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

3 June Shift 2

Micro

>

Easy

Q3:

Elastic

Less Elastic

Inelastic

More Elastic

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

3 June Shift 2

Micro

>

Easy

Q4:

Directly related

Indirectly related

Proportionately related

Not related

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

3 June Shift 1

Micro

>

Medium

Q5:

Fall in equilibrium price and quantity.

Rise in equilibrium price and quantity.

Fall in equilibrium price and quantity to rise.

Rise in equilibrium price and quantity to fall.

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

3 June Shift 1

Micro

>

Easy

Q6:

5 units

10 units

15 units

20 units

Correct Answer

Option 4

Correct Answer

Explanation →

Q7:

3 June Shift 1

Micro

>

Easy

Q7:

5 units

10 units

15 units

20 units

Correct Answer

Option 2

Correct Answer

Explanation →

Q8:

3 June Shift 1

Micro

>

Medium

Q8:

Decreasing the consumption of Good X.

Increasing the consumption of Good Y.

Increasing the consumption of Good X.

Decreasing the consumption of Good Y.

Correct Answer

Option 3

Correct Answer

Explanation →

Q9:

3 June Shift 1

Micro

>

Easy

Q9:

0.5

2

5

10

Correct Answer

Option 1

Correct Answer

Explanation →

Q10:

3 June Shift 1

Micro

>

Medium

Q10:

5X + 12Y = 100

10X + 5Y = 100

5Qx + 10Qy = 100

10Qx + 5Qy = 100

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

2 June Shift 1

Micro

>

Medium

Q11:

Income effect is negative.

Substitution effect is negative.

Negative income effect is greater than substitution effect.

Negative income effect is less than substitution effect.

Correct Answer

Option 3

Correct Answer

Explanation →

Q12:

2 June Shift 1

Micro

>

Easy

Q12:

begins to increase.

remains constant.

begins to decrease.

becomes zero.

Correct Answer

Option 3

Correct Answer

Explanation →

Q13:

2 June Shift 1

Micro

>

Medium

Q13:

(A) - (IV), (B) - (I), (C) - (II), (D) - (III)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

(A) - (IV), (B) - (I), (C) - (II), (D) - (III)

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

2 June Shift 1

Micro

>

Easy

Q14:

Change in demand of the commodity.

Change in the income of the consumer.

Change in preferences of the consumer.

Change in utility derived.

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

31 May Shift 1

Micro

>

Easy

Q15:

Parallel inward shift of budget line.

Parallel outwards shift in budget line.

The budget line rotates outwards.

Budget line rotates and shifts outwards.

Correct Answer

Option 2

Correct Answer

Explanation →

Q16:

31 May Shift 1

Micro

>

Medium

Q16:

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

(A) - (II), (B) - (III), (C) - (I), (D) - (IV)

(A) - (I), (B) - (IV), (C) - (II), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

31 May Shift 1

Micro

>

Medium

Q17:

The demand curve is a rectangular hyperbola.

The value of p times q is constant.

The elasticity of demand at all points located on this demand curve is greater than 1.

At every point of consumption, the expenditure remains the same.

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

31 May Shift 1

Micro

>

Medium

Q18:

They give the same level of satisfaction.

They give different levels of satisfaction.

They are concave to the origin.

They are convex to the origin.

Correct Answer

Option 2

Correct Answer

Explanation →

Q19:

30 May Shift 2

Micro

>

Medium

Q19:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q20:

30 May Shift 2

Micro

>

Medium

Q20:

(A), (C) and (D) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q21:

30 May Shift 1

Micro

>

Easy

Q21:

Ordinal Approach.

Cardinal Approach.

Indifference Curve approach.

Law of Diminishing marginal utility.

Correct Answer

Option 2

Correct Answer

Explanation →

Q22:

30 May Shift 1

Micro

>

Easy

Q22:

Marginal rate of transformation.

Slope of indifference curve.

Price Ratio.

optimum choice of the consumer.

Correct Answer

Option 2

Correct Answer

Explanation →

Q23:

30 May Shift 1

Micro

>

Easy

Q23:

8 utils

3 utils

3 utils

25 utils

Correct Answer

Option 2

Correct Answer

Explanation →

Q24:

29 May Shift 2

Micro

>

Medium

Q24:

Price Ratio.

Marginal rate of substitution.

Marginal rate of technical substitution.

Diminishing marginal rate.

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

29 May Shift 2

Micro

>

Easy

Q25:

Price Ratio.

Marginal rate of substitution.

Marginal rate of technical substitution.

Diminishing marginal rate.

Correct Answer

Option 1

Correct Answer

Explanation →

Q26:

29 May Shift 2

Micro

>

Medium

Q26:

One good is more preferred than another.

Entire income is spent on one of the goods only.

Partial spending of income on both goods.

Both goods are preferred in same quantity.

Correct Answer

Option 2

Correct Answer

Explanation →

Q27:

29 May Shift 2

Micro

>

Medium

Q27:

Budget line is tangent to the indifference curves.

Budget line is tangent to one of the indifference curves.

Budget line is equal indifference curves.

Marginal rate of transformation is tangent to the price ratio.

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

29 May Shift 2

Micro

>

Medium

Q28:

Preferred bundle.

Optimum bundle.

Most preferred bundle.

Inferior bundle.

Correct Answer

Option 4

Correct Answer

Explanation →

Q29:

29 May Shift 1

Micro

>

Medium

Q29:

(A), (B), (C), (D)

(B), (D), (C), (A)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q30:

29 May Shift 1

Micro

>

Easy

Q30:

10 utils.

14 utils.

6 utils.

16 utils.

Correct Answer

Option 3

Correct Answer

Explanation →

Q31:

29 May Shift 1

Micro

>

Medium

Q31:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q32:

29 May Shift 1

Micro

>

Medium

Q32:

Marginal rate of substitution = Marginal rate of Exchange

Marginal rate of Exchange = Price Ratio

Marginal rate of Substitution = Marginal rate of Transformation

Total Utility = Total Cost

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

29 May Shift 1

Micro

>

Medium

Q33:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

28 May Shift 2

Micro

>

Medium

Q34:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q35:

28 May Shift 2

Micro

>

Easy

Q35:

(3,3)

(4,5)

(1,3)

(5,4)

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

28 May Shift 2

Micro

>

Medium

Q36:

Lead to upward shift on demand curve.

Lead to downward shift on demand curve.

Rightward shift in demand curve of junk-foods.

Leftward shift in demand curve of junk-foods.

Correct Answer

Option 4

Correct Answer

Explanation →

Q37:

28 May Shift 2

Micro

>

Medium

Q37:

(A), (B) and (D) only

(B), (C) and (D) only

(A), (B), (C) and (D)

(A), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q38:

28 May Shift 1

Micro

>

Medium

Q38:

Due to the constant market rate of exchange.

Due to the increasing marginal rate of substitution.

Due to the constant marginal rate of substitution.

Due to a diminishing marginal rate of substitution.

Correct Answer

Option 4

Correct Answer

Explanation →

Q39:

28 May Shift 1

Micro

>

Medium

Q39:

The intercept points of both Good-X and Good-Y will shift outward.

The intercept point of Good-X will shift outward and the intercept point of Good-Y will remain unchanged.

The intercept point of Good-X will shift inward and the intercept point of Good-Y will remain unchanged.

The intercept points of both Good-X and Good-Y will shift inward.

Correct Answer

Option 2

Correct Answer

Explanation →

Q40:

28 May Shift 1

Micro

>

Easy

Q40:

$P_1X_1+P_2X_2 \ge M$ .

$P_1X_1+P_2X_2 < M$ .

$P_1X_1+P_2X_2 > M$ .

$P_1X_1+P_2X_2 \le M$ .

Correct Answer

Option 4

Correct Answer

Explanation →

Q41:

28 May Shift 1

Micro

>

Medium

Q41:

2.5

0.66

3

0.66

Correct Answer

Option 3

Correct Answer

Explanation →

Q42:

27 May Shift 2

Micro

>

Medium

Q42:

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (III), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q43:

27 May Shift 2

Micro

>

Medium

Q43:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q44:

27 May Shift 2

Micro

>

Medium

Q44:

Decline in expenditure.

Rise in expenditure.

No change in expenditure.

Small increase in expenditure.

Correct Answer

Option 3

Correct Answer

Explanation →

Q45:

27 May Shift 2

Micro

>

Easy

Q45:

Private goods.

Public goods.

Free-goods.

Free-riders.

Correct Answer

Option 4

Correct Answer

Explanation →

Q46:

27 May Shift 2

Micro

>

Easy

Q46:

Giffen goods.

Substitutes goods.

Complementary goods.

Inferior goods.

Correct Answer

Option 3

Correct Answer

Explanation →

Q47:

27 May Shift 2

Micro

>

Medium

Q47:

Rs 1,350

Rs 1,400

Rs 500

Rs 900

Correct Answer

Option 1

Correct Answer

Explanation →

Q48:

27 May Shift 2

Micro

>

Medium

Q48:

Rs 900

Rs 1,400

Rs 600

Rs 1350

Correct Answer

Option 3

Correct Answer

Explanation →

Q49:

27 May Shift 2

Micro

>

Easy

Q49:

Rs 900

Rs 500

Rs 400

Rs 600

Correct Answer

Option 2

Correct Answer

Explanation →

Q50:

27 May Shift 2

Micro

>

Easy

Q50:

Rs 900

Rs 500

Rs 400

Rs 600

Correct Answer

Option 1

Correct Answer

Explanation →

Q51:

26 May Shift 2

Micro

>

Hard

Q51:

Good X is an inferior good for Anand but not a Giffen good.

Good X is a Giffen good for Anand but not inferior.

Good X is normal good for Anand.

Good X is both Inferior and Giffen good for Anand.

Correct Answer

Option 4

Correct Answer

Explanation →

Q52:

26 May Shift 2

Micro

>

Medium

Q52:

Lata should increase the consumption of burgers to attain equilibrium.

Lata should have consumed lesser burgers to attain equilibrium.

Lata is in equilibrium so she should not change the level of consumption.

The given information is insufficient to determine the consumption behaviour of Lata.

Correct Answer

Option 1

Correct Answer

Explanation →

Q53:

26 May Shift 2

Micro

>

Medium

Q53:

He should reduce the consumption of food and increase the consumption of clothing.

He should increase the consumption of food and reduce the consumption of clothing.

He should reduce the consumption of both the goods.

He shouldn't change his consumption level as he is already at equilibrium.

Correct Answer

Option 1

Correct Answer

Explanation →

Q54:

26 May Shift 2

Micro

>

Medium

Q54:

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q55:

26 May Shift 2

Micro

>

Medium

Q55:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (I), (D) - (IV)

(A) - (II), (B) - (I), (C) - (IV), (D) - (III)

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

Correct Answer

Option 3

Correct Answer

Explanation →

Q56:

22 May Shift 2

Micro

>

Medium

Q56:

(A), (B), (C), (D)

(D), (B), (A), (C)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q57:

22 May Shift 2

Micro

>

Medium

Q57:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q58:

22 May Shift 2

Micro

>

Medium

Q58:

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 Answer

Option 3

Correct Answer

Explanation →

Q59:

22 May Shift 2

Micro

>

Medium

Q59:

Slope of Indifference curve.

Slope of Budget line.

Slope of consumer selection.

Marginal rate of substitution.

Correct Answer

Option 2

Correct Answer

Explanation →

Q60:

22 May Shift 2

Micro

>

Medium

Q60:

$(-)P_1/P_2$

$P_1/P_2$

$(-)P_2/P_1$

$P_2/P_1$

Correct Answer

Option 1

Correct Answer

Explanation →

Q61:

22 May Shift 2

Micro

>

Medium

Q61:

Complementary Goods.

Substitute Goods.

Joint Products/Goods.

By-Products.

Correct Answer

Option 2

Correct Answer

Explanation →

Q62:

22 May Shift 2

Micro

>

Medium

Q62:

Monotonic Preferences.

Slope of Indifference curve.

Price ratio.

Slope of Budget line.

Correct Answer

Option 2

Correct Answer

Explanation →

Q63:

22 May Shift 2

Micro

>

Easy

Q63:

Markets.

Macroeconomics.

Microeconomics.

Administration.

Correct Answer

Option 3

Correct Answer

Explanation →

Q64:

22 May Shift 1

Micro

>

Medium

Q64:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q65:

22 May Shift 1

Micro

>

Medium

Q65:

Price Inelastic.

Price Elastic.

Unit Elastic.

Income elastic.

Correct Answer

Option 2

Correct Answer

Explanation →

Q66:

22 May Shift 1

Micro

>

Medium

Q66:

(A) - (I), (B) - (III), (C) - (IIII), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q67:

22 May Shift 1

Micro

>

Medium

Q67:

When the consumer's income increases.

Consumer's preferences change in favour of a good.

The price of goods decrease.

When the consumer's income decreases.

Correct Answer

Option 4

Correct Answer

Explanation →

Q68:

21 May Shift 1

Micro

>

Medium

Q68:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Correct Answer

Option 4

Correct Answer

Explanation →

Q69:

21 May Shift 1

Micro

>

Medium

Q69:

0 and 1 respectively.

1 and 0 respectively.

0 for both the consumers.

less than 1 for Arun and More than 1 for Varun.

Correct Answer

Option 2

Correct Answer

Explanation →

Q70:

21 May Shift 1

Micro

>

Medium

Q70:

Increase the consumption of X and decrease the consumption of Y.

Increase the consumption of Y and decrease the consumption of X.

Increase the consumption of X without changing the consumption of Y.

Keep his consumption level constant as he is already operating at equilibrium.

Correct Answer

Option 2

Correct Answer

Explanation →

Q71:

21 May Shift 1

Micro

>

Medium

Q71:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(B), (D), (A), (C)

Correct Answer

Option 4

Correct Answer

Explanation →

Q72:

21 May Shift 1

Micro

>

Medium

Q72:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Correct Answer

Option 2

Correct Answer

Explanation →

Q73:

21 May Shift 1

Micro

>

Medium

Q73:

Parallel to x axis.

Parallel to y axis.

Downward sloping rectangular hyperbola.

Downward sloping straight line forming and angle of 135° with x axis.

Correct Answer

Option 3

Correct Answer

Explanation →

Q74:

21 May Shift 1

Micro

>

Medium

Q74:

Constant.

Decreasing.

Increasing.

First decreasing and then increasing.

Correct Answer

Option 1

Correct Answer

Explanation →

Q75:

16 May Shift 1

Micro

>

Medium

Q75:

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (IV), (B) - (I), (C) - (II), (D) - (III)

Correct Answer

Option 4

Correct Answer

Explanation →

Q76:

16 May Shift 1

Micro

>

Easy

Q76:

Affordability of the consumer.

Price of substitute good.

Tastes and preferences of the consumer.

Number of consumers

Correct Answer

Option 4

Correct Answer

Explanation →

Q77:

16 May Shift 1

Micro

>

Easy

Q77:

complementary goods

substitute goods

inferior goods

supplementary goods

Correct Answer

Option 2

Correct Answer

Explanation →

Q78:

16 May Shift 1

Micro

>

Medium

Q78:

Monotonic Preference.

Structured Preferences.

Sequential Preferences

Irregular Preferences.

Correct Answer

Option 1

Correct Answer

Explanation →

Q79:

15 May Shift 1

Micro

>

Medium

Q79:

The point at which the budget line just touches (is tangent to), one of the indifference curves.

The absolute value of the slope of the indifference curve (MRS) is greater than that of the budget line (price ratio) at that point.

A point below the budget line.

The point at which the consumer spends all his/her income and the budget line intersects one of the indifference curves.

Correct Answer

Option 1

Correct Answer

Explanation →

Q80:

15 May Shift 1

Micro

>

Medium

Q80:

(A), (B) and (D) only

(B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q81:

15 May Shift 1

Micro

>

Medium

Q81:

Change in quantities of goods purchased by the consumer.

Change in the prices of both the goods purchased by the consumer.

Change in the income of the consumer.

change in the price of any one of the two goods purchased by the consumer, price of the other good remaining same.

Correct Answer

Option 1

Correct Answer

Explanation →

Q82:

15 May Shift 1

Micro

>

Medium

Q82:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (II), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q83:

15 May Shift 1

Micro

>

Easy

Q83:

Marginal utility

Total utility

Average utility

Maximum utility

Correct Answer

Option 2

Correct Answer

Explanation →

Q84:

14 May Shift 1

Micro

>

Medium

Q84:

Marginal utility

Market Rate of Exchange

Law of Diminishing Marginal Rate of Substitution

Law of Increasing Marginal Rate of Substitution

Correct Answer

Option 3

Correct Answer

Explanation →

Q85:

14 May Shift 1

Micro

>

Medium

Q85:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q86:

14 May Shift 1

Micro

>

Medium

Q86:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q87:

14 May Shift 1

Micro

>

Easy

Q87:

Inelastic

Unitary elastic

Perfectly Inelastic

Elastic

Correct Answer

Option 4

Correct Answer

Explanation →

Q88:

14 May Shift 1

Micro

>

Medium

Q88:

0.5

0.6

0.4

0.7

Correct Answer

Option 1

Correct Answer

Explanation →

Q89:

13 May Shift 2

Micro

>

Medium

Q89:

(A), (C) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(A), (B) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q90:

13 May Shift 2

Micro

>

Medium

Q90:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), and (C)

(B), (C) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q91:

13 May Shift 2

Micro

>

Medium

Q91:

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q92:

13 May Shift 2

Micro

>

Easy

Q92:

Budget Line.

Budget Set.

Indifference Curve.

Marginal Rate of Substitution.

Correct Answer

Option 2

Correct Answer

Explanation →

Q93:

13 May Shift 1

Micro

>

Easy

Q93:

Given the prices of the goods and the income of a consumer.

Any bundle as long as it costs less than or equal to the income

A set of price available to producer.

Set of bundles available to the consumer

Correct Answer

Option 4

Correct Answer

Explanation →

Q94:

13 May Shift 1

Micro

>

Easy

Q94:

Supply function

Demand Function

Cost Function

Output function

Correct Answer

Option 2

Correct Answer

Explanation →

Q95:

13 May Shift 1

Micro

>

Easy

Q95:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q96:

13 May Shift 1

Micro

>

Medium

Q96:

(A) and (C) only

(A), (B) and (C) only

(A) and (D) Only

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q97:

CUET Economics 2024 Slot 1

Micro

>

Easy

Q97:

(A), (B) and (C) only

(A), (C) and (E) only

(A), (D) and (E) only

(B), (D) and (E) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q98:

CUET Economics 2024 Slot 1

Micro

>

Easy

Q98:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q99:

CUET Economics 2024 Slot 1

Micro

>

Easy

Q99:

Perfectly inelastic demand curve

Perfectly elastic demand curve

Rectangular Hyperbola

Greater than unitary demand curve

Correct Answer

Option 3

Correct Answer

Explanation →

Q100:

CUET Economics 2024 Slot 1

Micro

>

Easy

Q100:

Budget

Budget Set

Budget Constraint

Budget Behaviour

Correct Answer

Option 3

Correct Answer

Explanation →

CUET Economics Micro > Consumer Behaviour PYQs

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