Economics · Consumer Behaviour
Match List-I with List-II and select the correct answer using the codes given below: List-I (a) Good X is neutral (b) Good Y is neutral (c) MRSxy is constant (d) MRSxy is increasing List-II (i) Concave to the origin (ii) Negatively sloped straight line (iii) Horizontal indifference curve (iv) Vertical indifference curve
- 1(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)
- 2(a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)✓
- 3(a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)
- 4(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)
Correct answer
(a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)
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