Assertion A Marginal cost and differential cost do not convey the same meaning in all the circumstan...........

Miscellaneous Previous Year Papers

Assertion (A): Marginal cost and differential cost do not convey the same meaning in all the circumstances.

Reason (R): Differential cost increases or decreases due to change in fixed cost.

Codes:

(A) is true but (R) is false

(A) is false but (R) is true

(A) and (R) are correct and (R) is correct explanation of (A).

Both (A) and (R) are correct, but (R) is not the correct explanation of (A).

(A) and (R) are correct and (R) is correct explanation of (A).

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