Match List-I with List-ll

List - I

Externality

List - lI

Type of Externality

(A)

Apple farmer who has his orchard next to a beekeeper

(I)

positive consumption

(B)

Villages downstream from a manufacturing plant

(II)

negative consumption

(C)

An unvaccinated family living next door to a family who has received the COVID-19 vaccination

(III)

positive production

(D)

Rice farmer who has his field next to a chemical plant

(IV)

negative production

Choose the correct answer from the options given below:

1
(A) - (III), (B) - (II), (C) - (I), (D) - (IV)
2
(A) - (III), (B) - (IV), (C) - (II), (D) - (I) 
3
(A) - (I), (B) - (IV), (C) - (III), (D) - (II) 
4
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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