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)	Marginal utility	(I)	Δy / Δx
(B)	Marginal Rate of Substitution	(II)	(2, 4) < (3, 4)
(C)	Slope of Budget line	(III)	Satisfaction derived from consumption of one additional unit of commodity
(D)	Monotonic Preferences	(IV)	Ratio of prices of 2 goods

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

List - I		List – II
(A)	Marginal utility	(I)	Satisfaction derived from consumption of one additional unit of commodity
(B)	Marginal Rate of Substitution	(II)	Δy / Δx
(C)	Slope of Budget line	(III)	Ratio of prices of 2 goods
(D)	Monotonic Preferences	(IV)	(2, 4) < (3, 4)