Q115
Match the following. List-I (Values of MRSxy) List-II a. MRSxy is diminishing 1. L shaped indifference curve b. MRSxy is constant 2. Indifference curve is concave to the origin c. MRSxy is increasing 3. Indifference curve is straight line sloping downwards to the right d. MRSxy is zero 4. Indifference curve must be convex to the origin
Match the following.
| List-I (Values of MRSxy) |
List-II |
| a. MRSxy is diminishing | 1. L shaped indifference curve |
| b. MRSxy is constant | 2. Indifference curve is concave to the origin |
| c. MRSxy is increasing | 3. Indifference curve is straight line sloping downwards to the right |
| d. MRSxy is zero | 4. Indifference curve must be convex to the origin |
A.
a-1, b-2, c-3, d-4
B.
a-1, b-3, c-2, d-4
C.
a-4, b-3, c-2, d-1
AnswerD.
a-2, b-4, c-3, d-1
Answer: Option C
Solution
Answer: Option C
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