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Question

Economics Question on Indifference curve analysis

Match List-I with List-II :List-IList-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)