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Question
Match the following and select the correct option.
| Column A | Column B | ||
| (i) | Extention of demand | A. | Prices are expected to rise in future |
| (ii) | Decrease in demand | B. | Rise in price |
| (iii) | Contraction of demand | C. | Prices are expected to fall in future |
| (iv) | Increase in demand | D. | Fall in prices |
Options
(i) D, (ii) C, (iii) B, (iv) A
(i) B, (ii) C, (iii) A, (iv) D
(i) C, (ii) A, (iii) B, (iv) A
(i) D, (ii) C, (iii) A, (iv) B
Solution
(i) D, (ii) C, (iii) B, (iv) A
Explanation:
| Column A | Column B | ||
| (i) | Extention of demand | D. | Fall in prices |
| (ii) | Decrease in demand | C. | Prices are expected to fall in future |
| (iii) | Contraction of demand | B. | Rise in price |
| (iv) | Increase in demand | A. | Prices are expected to rise in future |
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