Assertion [A] Low initial price is regarded as the principal means for entering into mass market for some new products. |
Reason [R] Firms generally enter into production of new products with having excess capacity of the plant. |
A) Both Assertion [A] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A]
B) Both Assertion [A] and Reason [R] are true but Reason [R] is not the correct explanation of Assertion [A]
C) Assertion [A] is true but Reason [R] is false
D) Assertion [A] is false but Reason [R] is true
Correct Answer: A
Solution :
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