Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Consumer behaviour

Question:

Match List-I with List-II

List-I

List-II

(A) Satisfaction derived from consuming the given amount of some commodity x.

(I) Marginal rate of substitution.

(B) Change in total utility due to consumption of one additional unit of a commodity.

(II) Ordinal Utility

(C) Ranking of various consumption bundle.

(III) Marginal Utility

(D) Downward slope of indifference curve.

(IV) Total Utility

Choose the correct answer from the options given below:

Options:

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

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

Explanation:

The correct answer is Option (1) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I

List-II

(A) Satisfaction derived from consuming the given amount of some commodity x.

(IV) Total Utility

(B) Change in total utility due to consumption of one additional unit of a commodity.

(III) Marginal Utility

(C) Ranking of various consumption bundle.

(II) Ordinal Utility

(D) Downward slope of indifference curve.

(I) Marginal rate of substitution.