Match List I with List II
|
List I |
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List II |
|
|
A. |
Snob effect |
I. |
If firms are disproportionately powerful, the market leader makes the first move and captures two-thirds of the market. |
|
B. |
Small-world model |
II. |
When some people demand a smaller quantity of a commodity as more people consume it, in order to be different and exclusive |
|
C. |
Stackelberg model |
III. |
Oligopolistic firms seek to maximise sales after an adequate rate of profit has been earned to satisfy stockholders. |
|
D. |
Sales maximisation model |
IV. |
Theory that a corporate giant can be made to operate as a small firm by linking well connected individuals from each level of the organisation to one another. |
Choose the correct answer from the options given below:
1
A - II, B - III, C - IV, D - I
2
A - II, B - IV, C - I, D - III
3
A - III, B - I, C - II, D - IV
4
A - IV, B - II, C - I, D - III