Cambridge International (CAIE) · 7 The price system and the microeconomy (A Level) · 7.2 Indifference curves and budget lines
Cambridge International (CAIE) Economics past paper questions: Indifference curves and budget lines
Every Cambridge International (CAIE) question on Indifference curves and budget lines from 2023 to 2025: 1 essay and 9 multiple choice questions. It covers 7.1 Utility. Each question links to its paper, mark scheme and examiner report.
Essay questions on indifference curves and budget lines
Multiple choice questions
- A-level Paper 3, November 2025, Q2
The diagram shows a consumer’s budget line. What determines the slope of the budget line?
- A-level Paper 3, June 2025, Q1
The diagram shows budget lines for an individual consumer. What could explain the shift in the budget line from QR to ST?
- A-level Paper 3, March 2025, Q5
Which statement about the downward sloping demand curve of an inferior good is correct?
- A-level Paper 3, November 2024, Q2
Which feature of indifference curve theory is most likely to apply in reality?
- A-level Paper 3, June 2024, Q2
A consumer has $100 to spend on two products, X and Y. The budget line shows the different possible combinations of products X and Y that can be purchased when all the consumer’s income is spent. If the price of product Y increases to $10…
- A-level Paper 3, March 2024, Q2
What does an indifference curve show?
- A-level Paper 3, November 2023, Q2
When choosing to buy two products, the satisfaction gained by the consumption of different combinations of these two products can be represented by an indifference curve. Which statement about such an indifference curve diagram is correct?
- A-level Paper 3, June 2023, Q2
The diagram shows an individual’s indifference curve, I1, for apples and pears. What can be concluded from the movement from point X to point Y on this curve?
- A-level Paper 3, March 2023, Q3
The diagram shows the effect of a price change on an individual consumer’s equilibrium, moving from E1 to E2. What can be deduced from the diagram about the price change, the substitution effect and the income effect?
Question text is quoted from the question papers, © Cambridge University Press & Assessment (UCLES), for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.