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Commerce · Q1378

Economics

Graduate and Post Graduate · Commerce · question 1378

Q1378

Match the following. List-I List-II a. Contraction of demand 1. Non-price change effect b. Decrease in demand 2. Demand curve remains the same c. Increase in demand 3. Price change effect d. Expansion of demand 4. Shifts the demand curve

Match the following.
List-I List-II
a. Contraction of demand 1. Non-price change effect
b. Decrease in demand 2. Demand curve remains the same
c. Increase in demand 3. Price change effect
d. Expansion of demand 4. Shifts the demand curve
A.
a-3, b-1, c-4, d-2
Answer
B.
a-4, b-3, c-2, d-1
C.
a-1, b-2, c-3, d-4
D.
a-2, b-4, c-1, d-3

Answer: Option A

Solution

Answer: Option A
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