1.

Assertion A): At times, a business may face a situation where it has to shut down its operations.Reason R): If the revenue is less than its variable cost, the operation should be closed down.In the context of the above two statements, which one of the following codes is correct?

A. is correct but R) is not correct
B. and R) both are correct and R) is the right explanation of A)
C. and R) both are correct and R) is not the right explanation of A)
D. Both A) and R) are incorrect
Answer» C. and R) both are correct and R) is not the right explanation of A)


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