Commerce - CBSE UGC NET Previous Years Solved Question with Answers Paper II, June 2013

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Q.

Assertion (A): Want-satisfying power of a commodity is called its utility. Reason (R): Utility may not have the characteristic of morality.

[A] Both A and R are correct.

[B] A is correct, but R is not correct.

[C] Both A and R are not correct.

[D]R is correct, but A is not correct.

Answer & Explanation
Answer: Option [A]

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