Match the items of List-I with the items of List-II:
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List-I |
List-II |
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(a) Law of diminishing marginal utility |
(i) Cross demand
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(b) Relationship between price of one commodity and demand for other commodity |
(ii) Oligopoly
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(c) Skimming the cream policy |
(iii) Cardinal approach
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(d) Price rigidity |
(iv) Pioneer pricing
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Codes:
| A. | (a) (b) (c) (d) (i) (ii) (iii) (iv) |
| B. | (a) (b) (c) (d) (iii) (i) (ii) (iv) |
| C. | (a) (b) (c) (d) (ii) (iv) (i) (iii) |
| D. | (a) (b) (c) (d) (iv) (iii) (ii) (i) |
Answer : C Explanation : ASHIQUE ALI K A said: (1:25pm on Sunday 18th December 2016)
Relationship between price of one commodity and demand for other commodity - Cross demand (Change in qd of one commodity in response to change in price of another) So here the match for 'b' of List 1 could be 'i' of List 2
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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. |
