Match List - I with List - II. | List - I | List - II | |---|---| | (A) Indifference curve | (I) Shows various combination of two goods that give the same utility to the consumer | | (B) Production possibility curve | (II) Shows various combination of two goods that can be produced by an economy | | (C) Budget line | (III) Shows various combination of two goods that can be purchased by the consumer | | (D) Demand curve | (IV) Shows inverse relationship between price of the given commodity & its quantity demanded | Choose the correct answer from the options given below :

Question

Option 1: (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Option 2: (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Option 3: (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

Option 4: (A)-(III), (B)-(II), (C)-(I), (D)-(IV)

AfterBoards · Accepted Answer

The answer is '(A)-(I), (B)-(II), (C)-(III), (D)-(IV)'. View full solution:

CUET Economics PYQs

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