Q.
1

List – I

List – II

a. Percentage change in quantity demanded to percentage change in price.

 

i. Perfect competition
b. Percentage change in demand to percentage change in the price of some other commodity. ii. Market demand
c. Homogeneous products

 

iii. Price elasticity
d. Relationship between quantity of the product demanded and factors that affect the quantity. iv. Cross elasticity
  • A

    a b c d

    3 4 1 2 

  • B

    4 3 1 2

  • C

    3 2 1 4 

  • D

    4 2 1 3