Practicing Success
Practicing Success
CUET Preparation Today
| " Read the following statements - Assertion (A) and Reason (R): Assertion (A) – Monopoly market structure have single seller in the market. Reason(R) – A Monopoly firm either have access to exclusive resources/ knowledge or restricted licence or some unique support from governmental or large private organisation. From the given alternatives choose the correct one:" |
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A). Assertion (A) is true but Reason (R) is false. Assertion (A) is false but Reason (R) is true. |
| Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). |
| These resources becomes barriers for other firms. |
