Match List – I (Economists) with List–II (Concept) and indicate the correct code given below the lists :

List – I

(Economist)

List – II

(Concept)

1. Kaldor

a. Technical change

2. Nash

b. Externalities

3. Pigou

c. Duopoly solution

4. Hicks

d. Compensation criterion

1
1 - d, 2 - c, 3 - b, 4 - a
2
1 - d, 2 - a, 3 - c, 4 - b
3
1 - a, 2 - c, 3 - b, 4 - d
4
1 - b, 2 - c, 3 - d, 4 - a

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