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Commerce · Q1079

Economics

Graduate and Post Graduate · Commerce · question 1079

Q1079

Match the following. List-I List-II a. Equilibrium price is the price where the 1. Complimentary goods b. Excess supply can be defined as 2. Quantity demanded = Quantity supplied c. Tea and sugar 3. Quantity demanded - Quantity supplied d. Excess demand can be defined as 4. Quantity supplied - Quantity demanded

Match the following.
List-I List-II
a. Equilibrium price is the price where the 1. Complimentary goods
b. Excess supply can be defined as 2. Quantity demanded = Quantity supplied
c. Tea and sugar 3. Quantity demanded - Quantity supplied
d. Excess demand can be defined as 4. Quantity supplied - Quantity demanded
A.
a-2, b-4, c-1, d-3
Answer
B.
a-1, b-2, c-3, d-4
C.
a-4, b-1, c-3, d-2
D.
a-3, b-2, c-1, d-4

Answer: Option A

Solution

Answer: Option A
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