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Commerce · Q1511

Economics

Graduate and Post Graduate · Commerce · question 1511

Q1511

Match the following. List-I List-II a. Normal demand curve 1. Vertical straight line b. Income consumption curve 2. Downwards to right c. Inelastic demand curve 3. Infinity d. Cross elasticity of demand between two perfect substitute will be 4. Upwards to the right

Match the following.
List-I List-II
a. Normal demand curve 1. Vertical straight line
b. Income consumption curve 2. Downwards to right
c. Inelastic demand curve 3. Infinity
d. Cross elasticity of demand between two perfect substitute will be 4. Upwards to the right
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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