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in Economics by (43.8k points)

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below: 

Assertion (A): In case of public goods no one can be excluded from enjoying the benefits.

Reason (R): Public goods are non-rivalrous and non-excludable in nature.

Options:

(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, but 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.

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1 Answer

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by (44.3k points)

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

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