Q.
1

Assertion (A): Total utility will be maximum when marginal utility to price of respective products are equal.

Reason (R): Deviation from this situation leads to reduction in maximum utility. 

 

  • A

    (A) and (R) are not correct

  • B

    (A) is correct but (R) is not correct

  • C

    (A) and (R) are correct

  • D

    (A) is incorrect (R) is correct.