Satish is very conscious of the food he eats. He eats only rotis and dal. A cup of dal costs Rs 2 while a roti costs one rupee, and Satish decides to spend only Rs 13 per day on food. He also decides to consume only 5500 calories a day. Based on this, we can say that each day
Tap an option to check your answer.
Checking your account…
Budget constraint and consumer equilibrium has come up 99 times in 7 exams since 2004.
This question is on Budget set and budget line, part of Budget constraint and consumer equilibrium in Microeconomics.
Which bundles a consumer can afford, the slope of the budget line, and how income and price changes shift it.
TestStop has 16 past-paper questions on this subtopic.
Question from the CUET-PG 2024 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.