For the following two statements of Assertion A and Reasoning R indicate the correct code ...........

Miscellaneous Others

For the following two statements of Assertion (A) and Reasoning (R) indicate the correct code : (2 marks)

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.

Codes :

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

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

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

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

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

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