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Question
Identify the correct pair of items from the following Columns I and II:
Columns I | Columns II |
(1) Demand Curve | (a) Downward sloping |
(2) Indifference curve | (b) Upward rising |
(3) Marginal Utility Curve | (c) L shaped curve |
(4) Total Utility Curve | (d) Y shaped curve |
Options
1 - (a)
2 - (b)
3 - (c)
4 - (d)
MCQ
Solution
1 - (a)
Explanation:
The Indifference Curve slopes downward, and the marginal and total utility curves are inverted U-shaped.
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Indifference Curve
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