Assertion (A). The demand for the product of a firm under oligopoly is at price higher than the prevailing market price.
Reason (R). The oligopolistic firm faces a kinked demand curve.
| A. | Both (A) and (R) are false. |
| B. | Both (A) and (R) are true, but (R) is not the correct explanation of (A). |
| C. | (A) is true but (R) is false. |
| D. | (A) is false but (R) is true. |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
