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Question

Economics Question on Goods and Services

Match LIST I with LIST IILIST I
| LIST II

---|---
A| Tea and Coffee| I| Complementary goods
B| Car and Fuel| II| Inferior goods
C| Low grade cereal food| III| Substitute goods
D| Good quality wheat| IV| Normal good
Choose the correct answer from the options given below

A

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

B

(A)-(III), (B)-(I), (C)-(II), (D)-(IV)

C

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

D

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Answer

(A)-(III), (B)-(I), (C)-(II), (D)-(IV)

Explanation

Solution

The correct option is (B) :(A)-(III), (B)-(I), (C)-(II), (D)-(IV)