1.

Assertion: A company launching unique innovative product usually charges high price, practicing skimming pricing strategy. Reason: The target market for such new and innovative product include rich class customers. a. Assertion and Reason both are correct, and reason is correct explanation of assertion. b. Assertion and Reason both are correct, but reason is not the correct explanation of assertion. c. Assertion is correct, but reason is not correct. d. Assertion and Reason both are not correct.

Answer»

a. Assertion and Reason both are correct, and reason is correct explanation of assertion. 



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