Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below :\n\n**Assertion (A):** Public goods are those goods that are collectively consumed by the public.\n**Reason (R):** Public goods are excludable and rivalrous in nature. A). Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). B). Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). C). Assertion (A) is true, but Reason (R) is false. D). Assertion (A) is false, but Reason (R) is true.

The correct answer is Assertion (A) is true, but Reason (R) is false.. (C) Assertion (A) is true, but Reason (R) is false.

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Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below :

Assertion (A): Public goods are those goods that are collectively consumed by the public. Reason (R): Public goods are excludable and rivalrous in nature.

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