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.
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A
(A) Assertion (A) and Reasoning (R) both are correct but (R) does not offer full explanation for (A)
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B
(B) Assertion (A) and Reasoning (R) both are wrong
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C
(C) Assertion (A) is correct but Reasoning (R) is wrong
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D
(D) Assertion (A) and Reasoning (R) both are correct and (R) offers full explanation for (A).