Vidyalelo
Commerce · Q529

Economics

Graduate and Post Graduate · Commerce · question 529

Q529

Match the following. List-I List-II a. Substitute goods 1. Negative cross elasticity b. Complementary goods 2. Low price elasticity c. Giffen goods 3. Positive cross elasticity d. High income group, consumption goods 4. Positive price elasticity

Match the following.
List-I List-II
a. Substitute goods 1. Negative cross elasticity
b. Complementary goods 2. Low price elasticity
c. Giffen goods 3. Positive cross elasticity
d. High income group, consumption goods 4. Positive price elasticity
A.
a-3, b-4, c-2, d-1
B.
a-3, b-1, c-4, d-2
Answer
C.
a-2, b-3, c-1, d-4
D.
a-1, b-2, c-3, d-4

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board