Q742
Match the following. List-I List-II a. Convexity of the indifference curve to origin 1. Indifference curve analysis b. Quantity of certain goods sacrificed for a large quantity of other goods 2. Consumer's equilibrium c. Equality of the ratio of the marginal utilities with that of the prices of the two goods 3. Substitutability/Complementarity of the two goods d. Separation of substitution and income effects from the total price effect 4. Marginal rate of substitution
Match the following.
| List-I | List-II |
| a. Convexity of the indifference curve to origin | 1. Indifference curve analysis |
| b. Quantity of certain goods sacrificed for a large quantity of other goods | 2. Consumer's equilibrium |
| c. Equality of the ratio of the marginal utilities with that of the prices of the two goods | 3. Substitutability/Complementarity of the two goods |
| d. Separation of substitution and income effects from the total price effect | 4. Marginal rate of substitution |
A.
a-4, b-2, c-1, d-3
B.
a-3, b-4, c-2, d-1
AnswerC.
a-3, b-1, c-4, d-2
D.
a-1, b-3, c-2, d-4
Answer: Option B
Solution
Answer: Option B
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