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Question
Assertion and reasoning question:
- Assertion (A): Marginal utility (MU) goes on diminishing.
- Reasoning (R): Total utility (TU) increases at a diminishing rate.
Options
Assertion (A) is true but Reasoning (R) is false.
Assertion (A) is false but Reasoning (R) is true.
Both statements (A) and (R) are true and R is the correct explanation of (A).
Both statements (A) and (R) are true and R is not the correct explanation of (A).
Solution
Both statements (A) and (R) are true and R is not the correct explanation of (A).
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RELATED QUESTIONS
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| 1. | 40 | ______ |
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