December 2014

1:

Match the items of the following two lists and suggest the correct code :

List - I                                                List - II

a. Zero Income Elasticity                i. Substitute goods

b. Unit Cross Elasticity                   ii. Complementary goods

c. Positive Cross Elasticity             iii. Indifferent goods

d. Negative Cross Elasticity           iv. Independent goods

Choose the correct option :

A.

Codes:

a  b  c  d

iii ii  i  iv

B.

Codes:

a  b  c  d

ii  iii iv  i

C.

Codes:

a  b  c  d

iii iv  i  ii

D.

Codes:

a  b  c  d

iv  i  ii  iii

 

Answer : C

Explanation :

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Option: A

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