Question

21) Assertion (A): Elasticity of demand explains that one variable is influenced by another variable. Reasoning (R): The concept of elasticity of demand indicates the effect of price and changes in other factors on demand. choose correct option​

Answer 1

Explanation:

hlo mate here's your answer

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 consumer income leads to a change in the quantity demanded.

OPTIONS

(A) is true, but (R) is false

(A) is false, but (R) is true

Both (A) and (R) are true and (R) is the correct explanation of (A

i hope its help you mark as brainlist

Answer 2

Both (A) and (R) are true and (R)

is not correct explanation of (A).

Hope it may help you ❤✌