Q1327
Match the following. List-I List-II a. Responsiveness of demand to change in price 1. Income elasticity of demand b. Responsiveness of demand to change in tastes 2. Price elasticity of demand c. Responsiveness of demand to change in income 3. Cross elasticity of demand d. Responsiveness of demand to change in price of related goods 4. Taste elasticity of demand
Match the following.
| List-I | List-II |
| a. Responsiveness of demand to change in price | 1. Income elasticity of demand |
| b. Responsiveness of demand to change in tastes | 2. Price elasticity of demand |
| c. Responsiveness of demand to change in income | 3. Cross elasticity of demand |
| d. Responsiveness of demand to change in price of related goods | 4. Taste elasticity of demand |
A.
a-1, b-2, c-3, d-4
B.
a-4, b-3, c-1, d-2
C.
a-3, b-4, c-2, d-1
D.
a-2, b-4, c-1, d-3
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board