Q1365
Assertion (A) The quantity of a commodity demanded invariably changes inversely to changes in its price. Reason (R) The price effect is the net result of the positive substitution effect and negative income effect.
A.
Both (A) and (R) are true
AnswerB.
(A) is true, but (R) is false
C.
(A) is false, but (R) is true
D.
Both (A) and (R) are false
Answer: Option A
Solution
Answer: Option A
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