Vidyalelo
Commerce · Q1520

Economics

Graduate and Post Graduate · Commerce · question 1520

Q1520

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.

A.
Both (A) and (R) are true and (R) is the correct explanation of (A)
B.
Both (A) and (R) are true, but (R) is not the correct explanation of (A)
C.
(A) is true, but (R) is false
Answer
D.
(A) is false, but (R) is true

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board