MCQ
Identify the correct sequence of alternatives given in Column II by matching them with respective items in Column I:
| Column I | Column II |
| A. Elasticity of demand | (i) $E_d=\infty$ |
| B. Horizontal straight line demand curve | (ii) $E _d>1$ |
| C. Perfectly inelastic demand | (iii) (-) $\frac{1}{\text { Slope of demand curve }} \times \frac{P}{Q}$ |
| D. Elastic demand | (iv) Change in price causes no change in the quantity demanded |
- AA-(ii), B-(i), C-(iv), D-(iii)
- ✓A-(iii), B-(i), C-(iv), D-(ii)
- CA-(iv), B(ii), C-(i), D-(iii)
- DA-(iv), B-(i), C-(iii), D-(ii)
