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Match the Following: - Economics

Match the following: 

  Group ‘A’   Group ‘B’
a) Marginal utility 1) Price Discrimination
b) Medicines 2) Legal tender money
c) Monopoly 3) Government bank
d) Currency Notes 4) Utility from last unit.
e) Central Bank 5) Inelastic demand
    6) Commercial bank
    7) Utility of all units
    8) Elastic demand

 

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Solution

  Group ‘A’   Group ‘B’
a) Marginal utility 4. Utility from last unit.
b) Medicines 5. Inelastic demand
c) Monopoly 1. Price Discrimination
d) Currency Notes 2 Legal tender money
e) Central Bank 3. Government bank
       
       
       
Concept: Use of Marginalism Principle in Micro Economics
  Is there an error in this question or solution?
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