Question

Read the following statements- Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A): According to cardinal approach, utility is a measured in terms of ranks.Reason (R): The modern economists argued that utility is a psychological phenomenon and measuring utility in absolute terms is not possible. 

a. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

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

c. Assertion (A) is true but Reason (R) is false.

d. Assertion (A) is false but Reason (R) is true​

Answer 1

Answer:

d

Explanation:

ordinal approach Is measured in terms of ranks, the reason is the same as question