Economics · Microeconomics
Match List-I with List-II: List-I (Type of Indifference Curve) A. Perfect substitutes B. Perfect complements C. Convex to origin (normal goods) D. Concave to origin List-II (Shape / Property) I. L-shaped (right angles) II. Diminishing MRS; reflects standard preferences III. Straight lines with constant negative slope IV. Increasing MRS; consumer prefers extremes Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-I, B-III, C-IV, D-II
- 2A-IV, B-I, C-II, D-III
- 3A-III, B-II, C-I, D-IV
- 4A-III, B-I, C-II, D-IV✓
Correct answer
A-III, B-I, C-II, D-IV
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