Match the following :
(A) Various combinations of two commodities that a consumer can purchase 1. Indifference map
(B) Various combinations of two commodities that give consumer equal satisfaction 2. Indifference curve
(C) A set of indifference curves 3. Budget line
(D) Point of tangency of a budget line and an indifference curve 4. Consumer's equilibrium
| A. | (A) (B) (C) (D) 2 3 4 1 |
| B. | (A) (B) (C) (D) 4 3 2 1 |
| C. | (A) (B) (C) (D) 1 2 4 3 |
| D. | (A) (B) (C) (D) 3 2 1 4 |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
