List-I List-II (a) Law of demand is fully applicable (i)Giffen goods (b) Law of demand is not applicable at all (ii) Veblon goods (c) Law of demand is partly applicable (iii)Normal goods

Simultaneously, and/or  Proportionately 

Assertion (A): The demand for the product of a firm under Oligopoly is at prices higher than the prevailing market prices. Reason (R): The Oligopolistic firm faces a kinded demand curve. .

  List-I List-II (a) Perfect Competition (i) No control (b) Monopolistic competition (ii) Some control (c) Oligopoly (iii) Practically some control (d) Monopoly (iv) Usual control