January 2017 7 match the items of list i with items of list ii and indicate the code of their correct matching. list list i 1. extension and a. non-price quanti

January 2017 7 Match the items of List I with items of List II and indicate the code of their correct matching. List List I 1. Extension and A. Non-price quantity relationships of demand contraction of demand 2. Ordinal utility approach B. Income effect of a price rise greater than its substitution effect C. Transitivity and consistency of 3. Increase and decrease in choices demand D. Price quantity relationships of 4. Giffen goods demand Codes A B C D (a) 4 (b) 2 (c)3 (d) 1 2 2 3 1 4