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For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:
Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.
Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.
  • a)
    (A) is correct, but (R) is not correct.
  • b)
    (A) is not correct, but (R) is correct.
  • c)
    (A) and (R) both are correct and (R) is the right explanation of (A).
  • d)
    (A) and (R) both are correct, but (R) is not the right explanation of (A).
Correct answer is option 'D'. Can you explain this answer?
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For the following two statements of Assertion (A) and Reasoning (R), s...
The product is developed keeping in view a particular need of a set of consumers, and introduced in the market by initiating its commercial production. At this stage, product is new in the market, consequently its demand is low and requires vigorous sales efforts. The promotional costs are, therefore, high at this stage and the production costs are also not fully recovered due to low volume of sales. Low initial price is regarded as the principal means for entering into mass market for some new products.
Firms generally enter into production of new products with less capacity of the plant initially because on an average, every firm is very much concerned to ensure its future growth or is faced with the constant threats of competitive innovative developments.
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For the following two statements of Assertion (A) and Reasoning (R), s...
The product is developed keeping in view a particular need of a set of consumers, and introduced in the market by initiating its commercial production. At this stage, product is new in the market, consequently its demand is low and requires vigorous sales efforts. The promotional costs are, therefore, high at this stage and the production costs are also not fully recovered due to low volume of sales. Low initial price is regarded as the principal means for entering into mass market for some new products.
Firms generally enter into production of new products with less capacity of the plant initially because on an average, every firm is very much concerned to ensure its future growth or is faced with the constant threats of competitive innovative developments.
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For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer?
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For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer?.
Solutions for For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UGC NET. Download more important topics, notes, lectures and mock test series for UGC NET Exam by signing up for free.
Here you can find the meaning of For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer?, a detailed solution for For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice For the following two statements of Assertion (A) and Reasoning (R), suggest the correct code:Assertion (A): Low initial price is regarded as the principal means for entering into mass market for some new products.Reasoning (R): Firms generally enter into production of new products with excess capacity of the plant initially.a)(A) is correct, but (R) is not correct.b)(A) is not correct, but (R) is correct.c)(A) and (R) both are correct and (R) is the right explanation of (A).d)(A) and (R) both are correct, but (R) is not the right explanation of (A).Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UGC NET tests.
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