Match List I with List II and select the correct answer using the codes given below the lists List I List II (a) Expansion in 1. Movement on the same demand demand curve from left to right (b) Contraction in 2. Movement on the same demand demand curve from right to left (c) Increase in 3. Sh ift in the dem and demand curve to the right (d) Decrease in 4. Sh ift in the dem and demand curve to the left Codes: (a) (b) (c) (d)

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Microeconomics is a branch of economics that analyzes market behavior of individuals and firms in order to understand their decision-making processes.


Match List I with List II and select the correct answer using the codes given below the lists List I List II (a) Expansion in 1. Movement on the same demand demand curve from left to right (b) Contraction in 2. Movement on the same demand demand curve from right to left (c) Increase in 3. Sh ift in the dem and demand curve to the right (d) Decrease in 4. Sh ift in the dem and demand curve to the left Codes: (a) (b) (c) (d)