Match the items of List-I with the items of List-II and select the correct answer. List-IList-II (a)…

An indifference curve is convex to the origin due to the diminishing marginal rate of substitution [(a)-(iv)]; a normal demand curve slopes downward to the right [(b)-(i)]; under perfect competition, price equals average revenue, marginal revenue, and demand (P = AR = MR = d) [(c)-(ii)]; and price leadership is a classic pricing feature of an oligopoly market structure [(d)-(iii)]. Thus, the correct code is (a)-(iv), (b)-(i), (c)-(ii), (d)-(iii).