Question
Economics Question on Indifference curve analysis
Match List-I with List-II :List-I | List-II |
---|---|
(A) | The shape of an indifference curve for two bads |
(B) | The shape of an indifference curve for one good and one bad |
(C) | The shape of an indifference curve for one good Y and one neutral X |
(D) | The shape of an indifference curve for one bad Y and one neutral X |
Choose the correct answer from the options given below : |
A
(A)-(II); (B)-(I); (C)-(IV); (D)-(III)
B
(A)-(II); (B)-(III); (C)-(IV); (D)-(I)
C
(A)-(III); (B)-(II); (C)-(I); (D)-(IV)
D
(A)-(IV); (B)-(I); (C)-(III); (D)-(II)
Answer
(A)-(II); (B)-(III); (C)-(IV); (D)-(I)
Explanation
Solution
The correct answer is (B) : (A)-(II); (B)-(III); (C)-(IV); (D)-(I)