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Assertion (A) : A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity. Reasoning (R) : Changes in consumers income leads to a change in the quantity demanded.Options : (1) (A) is True, but (R) is False (2) (A) is False, but (R) is True (3) Both (A) and (R) are True and (R) is the correct explanation of (A) (4) Both (A) and (R) are True and (R) is not the correct explanation of (A) |
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Answer» Option : (4) Both (A) and (R) are True and (R) is not the correct explanation of (A) |
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