Question

Identify the correctly matched pair of the items in Column A to that of Column B.

Column A		Column B
(1)	Increase in demand for goods	(a)	Leftward shift in the demand curve
(2)	Decrease in demand	(b)	Perfectly Elastic Demand
(3)	Ed = ∞	(c)	Increases in the income of the consumer
(4)	Downward Sloping	(d)	Income elasticity of Demand

पर्याय

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

1 - (a)

Explanation:

1. An increase in the demand for a product: The demand curve has shifted to the left.
2. Demand decrease: The demand curve shifts to the right.
3. Ed = ∞: Demand Is Perfectly Inelastic
4. Downward Sloping: Normal Demand Curve with Downward Sloping