Economics · Microeconomics
Match List-I with List-II: List-I (Situation) (A) Apple farmer whose orchard is next to a beekeeper (B) Villages downstream from a manufacturing plant (C) An unvaccinated family living next door to a fully vaccinated family (D) Rice farmer whose field is next to a chemical plant List-II (Type of Externality) (I) Positive consumption (II) Negative consumption (III) Positive production (IV) Negative production Choose the correct answer from the options given below:
- 1(A) - (III), (B) - (IV), (C) - (I), (D) - (II)✓
- 2(A) - (III), (B) - (IV), (C) - (II), (D) - (I)
- 3(A) - (I), (B) - (IV), (C) - (III), (D) - (II)
- 4(A) - (III), (B) - (II), (C) - (I), (D) - (IV)
Correct answer
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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