Q993
Match the following. List-I (Concepts) List-II (Features) a. Utility 1. MU tends to decline as consumption of the commodity increases b. Total utility 2. It is a want satisfying power of a good c. Marginal utility 3. Sum total of utility derived from the consumption of all the units of a commodity d. Law of diminishing marginal utility 4. Additional utility an account of the consumption of an additional unit of a commodity
Match the following.
| List-I (Concepts) | List-II (Features) |
| a. Utility | 1. MU tends to decline as consumption of the commodity increases |
| b. Total utility | 2. It is a want satisfying power of a good |
| c. Marginal utility | 3. Sum total of utility derived from the consumption of all the units of a commodity |
| d. Law of diminishing marginal utility | 4. Additional utility an account of the consumption of an additional unit of a commodity |
A.
a-4, b-1, c-2, d-3
B.
a-2, b-4, c-1, d-3
C.
a-2, b-3, c-4, d-1
AnswerD.
a-1, b-2, c-3, d-4
Answer: Option C
Solution
Answer: Option C
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