Q1019
Match the following. List-I List-II a. Economic profit 1. Total revenue explicit cost b. Accounting profit 2. Buyers and sellers exchanging c. Collusion/Cartel 3. Total revenue - Total cost d. Market 4. Oligopoly
Match the following.
| List-I | List-II |
| a. Economic profit | 1. Total revenue explicit cost |
| b. Accounting profit | 2. Buyers and sellers exchanging |
| c. Collusion/Cartel | 3. Total revenue - Total cost |
| d. Market | 4. Oligopoly |
A.
a-3, b-1, c-4, d-2
AnswerB.
a-1, b-2, c-3, d-4
C.
a-4, b-3, c-2, d-1
D.
a-2, b-4, c-1, d-3
Answer: Option A
Solution
Answer: Option A
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