Question

Choose the correct pair:

Group ‘A’	Group ‘B’
(1) Contraction in demand	(a) Less is demanded at a same price
(2) Decrease in demand	(b) Complementary goods
(3) Demand curve	(c) Substitute goods
(4) Tea and Coffee	(d) Less is demanded at a higher price
	(e) Slopes downwards from left to right

Answer 1

(1)-(d), (2)-(a), (3)-(e), (4) – (c).