Q1032
Match the following. List-I List-II a. Perfectly elastic demand 1. eD = 1 b. Elastic demand 2. eD > 1 c. Inelastic demand 3. eD = 0 d. Perfectly inelastic demand 4. eD = ∞ e. Unitary elastic demand 5. eD < 1
Match the following.
| List-I | List-II |
| a. Perfectly elastic demand | 1. eD = 1 |
| b. Elastic demand | 2. eD > 1 |
| c. Inelastic demand | 3. eD = 0 |
| d. Perfectly inelastic demand | 4. eD = ∞ |
| e. Unitary elastic demand | 5. eD < 1 |
A.
a-2, b-5, c-3, d-1, e-4
B.
a-4, b-2, c-5, d-3, e-1
AnswerC.
a-3, b-1, c-5, d-2, e-4
D.
a-1, b-2, c-3, d-4, e-5
Answer: Option B
Solution
Answer: Option B
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