Maharashtra State BoardHSC Commerce 12th Board Exam
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Match the Following Words from Group 'A' and 'B'. - Economics

Match the Columns

Match the following words from group 'A' and 'B'.

Group 'A'
Group 'B' 
(a) Prestigious goods
(1) Average cost
(b) Total Revenue / Total Quantity
(2) Transfer payment
(c) Labour
(3) Qualitative credit control.
(d) Unemployment allowance
(4) Rent
(e) Direct action
(5) Quantitative credit control.
 
(6) Exception to the law of demand.
 
(7) Wages
 
(8) Average revenue.
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Solution

Group 'A'
Group 'B' 
(a) Prestigious goods
(6) Exception to the law of demand.
(b) Total Revenue / Total Quantity
(8) Average revenue.
(c) Labour
(7) Wages
(d) Unemployment allowance
(2) Transfer payment
(e) Direct action
(3) Qualitative credit control.
Concept: Introduction and Features of Micro Economics
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