Q1041
Match the following. List-I List-II a. Cross elasticity is zero 1. Price = AVC b. Shut down point 2. Two commodities are independent c. Slutskey theorem 3. Transformation line d. Production possibility 4. Substitution effect
Match the following.
| List-I | List-II |
| a. Cross elasticity is zero | 1. Price = AVC |
| b. Shut down point | 2. Two commodities are independent |
| c. Slutskey theorem | 3. Transformation line |
| d. Production possibility | 4. Substitution effect |
A.
a-2, b-4, c-1, d-3
B.
a-3, b-2, c-1, d-4
C.
a-1, b-3, c-2, d-4
D.
a-2, b-1, c-4, d-3
AnswerAnswer: Option D
Solution
Answer: Option D
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