Question

    List – I List – II a. Kinked demand curve hypothesis 1. William Baumol b. Sales maximization model of oligopoly 2. Paul Sweezy c. Social Welfare Criterion 3. Adam Smith d. Law of Invisible hand 4. Bergson Codes : a b c d
    A 4 3 1 2 Correct Answer Incorrect Answer
    B 2 1 4 3 Correct Answer Incorrect Answer
    C 2 3 1 4 Correct Answer Incorrect Answer
    D 1 4 3 2 Correct Answer Incorrect Answer
    E 2 3 4 1 Correct Answer Incorrect Answer

    Solution

    a)2, b) 1, c)4, d) 3

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