Question

Match the pairs a] Time utility Group 'A J Direct Demand 2] Transport . 3] Joint Demand 4 Blood Bank. s] Micro economics b) slicing methord c] place utility d) Jemand for sugan e] workers in factory r] Ţ can & Fuel 9) Lumping method.




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Answer 1

Answer:

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Explanation:

Correct option is

B

1 - e, 2 - d, 3 - a, 4 - c, 5 - b

According to the law of demand there lies an inverse relation between demand and price of a commodity.

The shape of perfectly elastic supply curve is horizontal and parallel to X-axis.

Land is a fixed factor of production, which receives rent in reward for its use in the production process.

Transfer income refers to the money aid provided by the government to the people who are unemployed.

The Reserve Bank of India was set up on 1st April, 1935. 

Answer 2

Answer:

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