Match List-I with List-II
|
List I |
List II |
||
|
a. |
Snob Effect |
i. |
Positive Network Externality |
|
b. |
Ratchet Effect |
ii. |
Negative Network Externality |
|
c. |
Veblen Effect |
iii. |
Less proportionate fall in consumption |
| d. | Bandwagon Effect | iv. | Exclusion of Law of Demand |
Choose the correct code:
1
a - i, b - ii, c - iii, d - iv
2
a - ii, b - iii, c - iv, d - i
3
a - iii, b - ii, c - iv, d - I
4
a - ii, b - iii, c - i, d - iv