Economics · Consumer Behaviour
Match List-I with List-II: List-I (a) Various combinations that a consumer can purchase (b) Various combinations of two commodities providing equal satisfaction to consumer (c) A set of indifference curves (d) Point of tangency of a budget line on an indifference curve List-II (i) Indifference map (ii) Indifference curve (iii) Budget line (iv) Consumer's equilibrium Choose the correct option:
- 1(a)-(iii), (b)-(ii), (c)-(i), (d)-(iv)✓
- 2(a)-(ii), (b)-(iii), (c)-(iv), (d)-(i)
- 3(a)-(iv), (b)-(iii), (c)-(i), (d)-(ii)
- 4(a)-(iii), (b)-(i), (c)-(ii), (d)-(iv)
Correct answer
(a)-(iii), (b)-(ii), (c)-(i), (d)-(iv)
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