Match the LIST-I with LIST-II
|
LIST - I Concept |
LIST - II Explanation |
||
|
A. |
Higher Indifference Curve |
I. |
Higher Satisfaction |
|
B. |
Converse Indifference Curve |
II. |
Diminishing Marginal Rate of Substitution |
|
C. |
Price Line |
III. |
Same satisfaction on the curve |
|
D. |
Indifference Curve |
IV. |
Constant Price Ratio |
Choose the correct answer from the options given below:
1
A - I, B - II, C - III, D - IV
2
A - I, B - II, C - IV, D - III
3
A - I, B - III, C - IV, D - II
4
A - IV, B - II, C - III, D - I