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Match the following List-I List-II a Utilitarian approach 1 Marginal rate...

This question belongs to Commerce Economics
Economics
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Match the following.
List-I List-II
a. Utilitarian approach 1. Marginal rate of substitution
b. Ordinal approach 2. Budget line and indifference curve
c. Price consumption curve 3. U = f(x, y)
d. Consumer equilibrium 4. MRSxy = MRsyx

Answer & Solution
Correct Answer: Option C
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