Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Assertion (A) is True: In recent years, India has experienced economic growth without a proportional rise in employment opportunities. This phenomenon is known as jobless growth, where GDP increases but employment does not expand at the same rate.
Reason (R) is True: Jobless growth refers to an economic situation where production and output increase due to improvements in technology, automation, and productivity, without requiring additional labor.
If the marginal cost of a firm is given as the function of output, \( C'(Q) = 2e^{0.2Q} \), and if the fixed cost is 75, find the total cost function.
The present-day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(i) Initially reforms were initiated in agriculture, foreign trade, and investment sectors
(ii) The policy of dual pricing was adopted
(iii) The Government revoked the policy of Special Economic Zones