Match the following.

List I

List II

A.

Public goods

1.

Price of commodity will be greater than marginal cost

B.

Non-rival and non-exclusive in consumption

2.

Problem of free rider

C.

Monopoly

3.

Government gives subsides

D.

External benefits

4.

Public parks

1
(A) - (2), (B) - (1), (C) - (4), (D) - (3)
2
(A) - (2), (B) - (4), (C) - (1), (D) - (3)
3
(A) - (3), (B) - (1), (C) - (2), (D) - (4)
4
(A) - (4), (B) - (3), (C) - (2), (D) - (1)

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