Q.
1
Assertion (A): At times, a business may face the situation where it has to shut down its operations.
Reason (R): If the revenue is less than its variable cost, the operation should be closed down.
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A
(A) is correct and (R) is not correct.
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B
Both (A) and (R) are correct and (R) is the right explanation of (A).
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C
Both (A) and (R) are correct and (R) is not the right explanation of (A).
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D
Both (A) and (R) are incorrect.