Maharashtra State BoardHSC Commerce 12th Board Exam
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Match the Following :(A) Demand and Price (1) Wages (B) Perfectly Elastic Supply (2) Vertical Supply Curve (C) Land (3) Transfer Income (D) Unemployment Allowance(4) Horizontal Supply Curve - Economics

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Match the following :

 

Group 'A' Group 'B'
(a) Demand and price (1) wages
(b) Perfectly elastic supply (2) Vertical supply curve
(c) Land (3) Transfer income
(d) Unemployment allowance (4) Horizontal supply curve
(e) Reserve Bank of India (5) Inverse relation
  (6) Rent
  (7) 1935
  (8) Direct relation
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Solution

Group 'A' Group ' B'
(a) Demand and price (5) Inverse relation
(b) Perfectly elastic supply (4) Horizontal supply curve
(c) Land (6) Rent
(d) Unemployment allowance (3) Transfer income
(e) Reserve Bank of India (7) 1935

 

Concept: Factors Affecting Price Elasticity of Demand
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