Question

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives: Assertion (A): Different persons derive different levels of utility from consumption of similar types of commodities. Reason (R): The want satisfying power of any commodity is known as its utility, which is measured in 'utils' under cardinal approach. 1. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion
2.Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion
3. Assertion (A) is true but Reason (R) is false 4.Assertion (A) is false but Reason(R) is true​

Answer 1

Answer:

B option is correct

Explanation:

.Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion