Match List - I with List - II.
|
List - I |
List - II |
||
|
A. |
Income elasticity coefficient exceed unit |
I. |
Substitute commodities |
|
B. |
Positive cross-price elasticity coefficient |
II. |
Inferior good |
|
C. |
Downward slopping price consumption curve |
III. |
Relative elastic demand |
|
D. |
Negative income effect |
IV. |
Luxurious commodity |
Choose the correct answer from the options given below:
1
A - IV, B - III, C - II, D - I
2
A - III, B - I, C - II, D - IV
3
A - III, B - I, C - IV, D - II
4
A - IV, B - I, C - III, D - II