Match List I with List II

List I

 

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

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