Economics · Microeconomics
Match the items in List-I with those in List-II and select the correct code: List-I (a) Marginal Productivity / Average Productivity (b) Substitutability of inputs (c) Constant Negative Slope (d) Convex to origin List-II (i) Isoquant curve (ii) Isocost line (iii) Production Function (iv) Elasticity of Production
- 1(a) - (iii), (b) - (iv), (c) - (i), (d) - (ii)
- 2(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)✓
- 3(a) - (ii), (b) - (i), (c) - (iv), (d) - (iii)
- 4(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
Correct answer
(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)
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