Q.
1

Assertion (A): Low initial pricing for new products is regarded as the principal instrument for entering into mass markets.

Reasoning (R): Firms generally go for production of new products with excess capacity initially.

 

 

  • A

    (A) Assertion (A) and Reasoning (R) both are correct but (R) does not offer full explanation for (A)

  • B

    (B) Assertion (A) and Reasoning (R) both are wrong

  • C

    (C) Assertion (A) is correct but Reasoning (R) is wrong

  • D

    (D) Assertion (A) and Reasoning (R) both are correct and (R) offers full explanation for (A).