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Match the following List-I with List-II List-IList-II a) Rosen I) Stated Self Control as Preventive…

Rosen is associated with hedonic prices, Krutilla with existence value and Weisbrod with option value. Malthus treated self-control as a preventive check on population,…

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Match the following List-I with List-II

List-IList-II
a) RosenI) Stated Self Control as Preventive check of Population
b) J.V. KrutillaII) Option Value concept introduced first
c) WeisbrodIII) Theory of Hedonic prices
d) Malthus ThomasIV) Existence value concept introduced first
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Answer and explanation

Correct answer B

Rosen is associated with hedonic prices, Krutilla with existence value and Weisbrod with option value. Malthus treated self-control as a preventive check on population, giving a-III, b-IV, c-II, d-I.

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