MCQ
Assertion(A): Toothpaste is an example of monopolistic competition.
Reason(R): The different brands of toothpaste are similar but slightly differentiated in terms of taste and flavours.
  • 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

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

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