Match List-I with List-II List-

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Consumer behaviour

Question:

Match List-I with List-II

List-I	List-II
(A). The level of utility can be expressed in numbers.	(I). Total Utility
(B). The change in total utility due to consumption of one additional unit of a commodity,	(II). Ordinal Utility
(C). The total satisfaction derived from consuming the given amount of some commodity	(III). Cardinal Utility
(D). The level of utility can be expressed in ranks.	(IV). Marginal Utility

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Explanation:

The correct answer is Option (4) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II)

List-I	List-II
(A). The level of utility can be expressed in numbers.	(III). Cardinal Utility
(B). The change in total utility due to consumption of one additional unit of a commodity,	(IV). Marginal Utility
(C). The total satisfaction derived from consuming the given amount of some commodity	(I). Total Utility
(D). The level of utility can be expressed in ranks.	(II). Ordinal Utility