(2) Assertion (A) - Indirect demand refers to the demand for goods and services
which are needed for further production.
Reasoning (R) - All factors of production have indirect or derived demand.
( (A) is true but (R) is false
(ii) (A) is false but (R) is true.
(111) Both (A) and (R) are true and (R) is the correct explanation of (A)
(iv) Both (A) and (R) are true but (R) is not the correct explanation of (A).
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all factors of production have indirect or derived demand
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