List-I List-II (a) Survival (i) Economic Objective (b) R.O.I (ii) Natural Urge (c) Growth (iii) Business Purpose (d) Innovation (iv) Primary Objective

Assertion (A): Total utility will be maximum when marginal utility to price of respective products are equal. Reason (R): Deviation from this situation leads to reduction in maximum utility.   

(i) There are restrictions on buyers and sellers (ii) There are no restrictions on movement of goods (iii) There are no restrictions on factors of production Correct one is  

  List-I List-II (a) A market having high price elasticity (I) Skimming price (b) A market having high price inelasticity (II) Differential pricing (c) A market having several segments differing prominently with regard to price elasticities of their demand (III) Penetrating pricing