Q429
Match the following. List-I List-II a. Cardinal approach 1. Marginal utility b. Ordinal approach 2. Revealed preference theory c. Hicks-Allen approach 3. Indifference curve d. Consumers surplus 4. Alfred Marshall
Match the following.
| List-I | List-II |
| a. Cardinal approach | 1. Marginal utility |
| b. Ordinal approach | 2. Revealed preference theory |
| c. Hicks-Allen approach | 3. Indifference curve |
| d. Consumers surplus | 4. Alfred Marshall |
A.
a-1, b-3, c-2, d-4
B.
a-1, b-2, c-3, d-4
AnswerC.
a-4, b-3, c-2, d-1
D.
a-4, b-2, c-3, d-1
Answer: Option B
Solution
Answer: Option B
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