Option 4: (B), (D), (A), (C) -> When the price of Good Y (a substitute) decreases, the logical sequence is: First, the consumer realizes that Good Y has become relatively cheaper than Good X (B). This prompts the consumer to shift consumption from Good X to Good Y (D). As consumers shift away, the demand for Good X decreases (A). Finally, this decrease in demand is represented graphically as a leftward shift of the demand curve for Good X (C). This sequence follows the cause-and-effect relationship in consumer behavior when prices of substitute goods change. -> correct
Good X and Y are considered to be substitutes by a consumer. He is currently consuming good X. If the price of Good Y decreases, then arrange the…
CUET UG 2025 — Economics Micro
2025mcqmedium
Good X and Y are considered to be substitutes by a consumer. He is currently consuming good X. If the price of Good Y decreases, then arrange the following in correct sequence.
(A) Demand for Good X decreases.
(B) Consumer finds Good Y to be relatively cheaper than Good X.
(C) Demand curve for Good X shifts to the left.
(D) Consumer shifts from Good X to Good Y.
Choose the correct answer from the options given below:
Official previous-year question
Held on 21 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B), (C), (D)
- B
(A), (C), (B), (D)
- C
(B), (A), (D), (C)
- D
(B), (D), (A), (C)
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