Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Consumer behaviour

Question:

Match List I with List II.

List I List II
A. Indifference curve I. Shows various combinations of two goods that give the same utility to the consumer
B. Production possibility curve II. Shows various combination of two goods that can be produced by an economy
C. Budget line III. Shows various combination of two goods that can be purchased by the consumer
D. Dem,and curveoi9 IV. Shows inverse relationship between price of the given commodity & its quantity demanded

Choose the correct answer from the options given below :

Options:

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

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

 A-II, B-III, C-I, D-IV

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

Correct Answer:

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

Explanation:

The correct answer is option (2) : A-I, B-II, C-III, D-IV