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Match List - I with List - II.

List - IList - II
(A) Fall in price of good(I) Tea and coffee
(B) Complementary goods(II) Expansion of demand
(C) Substitute good(III) Shifting of demand curve
(D) Rise in income(IV) Shoes and socks

Choose the correct answer from the options given below :

Solution

Correct Option: 2

Fall in price of good causes expansion of demand (II) along the same curve. Complementary goods example is Shoes and socks (IV). Substitute goods example is Tea and coffee (I). Rise in income causes shifting of demand curve (III). Hence A-II, B-IV, C-I, D-III.

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