Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Consumer's income changes, but prices remain unchanged. The equation of the budget line. | (I) p₁ x₁ + p₂ x₂ = M' |
| (B) Marginal Rate of Substitution (MRS) | (II) p'₁ x₁ + p₂ x₂ = M |
| (C) The price of a commodity changes, but income remains unchanged. The equation of the budget line. | (III) Δ Y/ΔX |
| (D) Total Utility | (IV) MU1+MU2+...+MUn−1+MUn |
Choose the correct answer from the options given below:
Held on 27 May 2025 · Verified 13 Jul 2026.
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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