Q.
1

Assertion (A): Gossen’s first law of consumption is invariably applicable in case of individuals’ consumption behaviour.

Reasoning (R): It serves as an important determinant of demand for the goods and services in the market   

 

  • A

    Assertion (A) and Reasoning (R) both are correct

  • B

    Assertion (A) and Reasoning (R) both are incorrect

  • C

    Assertion (A) is correct but Reasoning (R) is incorrect

  • D

    Assertion (A) is incorrect but Reasoning (R) is correct