Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? Assertion (A) A product may be both a consumer good and an industrial good at the same time. Reason (R) A product that is a convenience good to one person may be shopping good or speciality good to another person. Codes

• A.  Both A and R are true and R is the correct explanation of A.
• 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.